Vendor Management
iGlobal Group’s Vendor Management Services provide our clients’ with support and guidance in evaluating current relationship management practices, improving the vendor management process, and defining and executing strategies for reducing the number of different suppliers for products and services.
This allows for leveraging enterprise procurement and minimizes
procurement overhead. iGlobal Group also provides contract renegotiation
guidance and assistance to clients to introduce improved terms and
conditions and address client needs for improved quality of services
and/or reduced pricing.
Highlights
- Assistance with vendor evaluation, strategy, and transition
- Sourcing, negotiation, and contracting
- Monitoring of day-to-day vendor activities
- Ensuring contract compliance
- Managing vendor performance
- Monitoring risk
- Identification of savings opportunities
- Centralized billing
- Consolidated resource databases