Cybersecurity - protecting sensitive corporate and customer data from falling into the hands of criminals - is vital to your organization's success. Lately the feds have been cracking down on disruptive ransomware thieves and info sellers on the dark web,…
Strategic Sourcing
One nice thing about fixed expenses is that they stay constant and usually don’t fluctuate. The bad news, they’re usually set in stone and can’t be cut if you’re looking to lower expenses. But according to Aaron Evett, director of…
No matter the size of your business, it's worth taking note of the strategic moves that small businesses have made to adapt, innovate and survive since the pandemic, and considering if they're also right for you. A recent survey by…
Because of how sophisticated cybercriminals have become, to protect your company's money and data, it may be wise to make risk assessments of your vendors' security protocols. This is especially true for new business relationships you may have entered because…
Did you know your company could be losing 10% to 20% of its savings due to maverick spending? That's according to a study by fintech software provider Basware and The Hackett Group. A report by B2B software developer Order says…
You wouldn’t want to remain loyal to suppliers that frequently raise their prices without warning or miss important delivery deadlines. So maybe it's time to consider starting or updating a supplier performance management program. Among the organizations that may be…
Negotiating with vendors can be tricky — especially if you aren't counting your revenue by the billions. But believe it or not, it can be done. (more…)
