Supplier Network Management -Managing Suppliers in an Integrated Economy
This information-rich report will help CFOs and other finance, procurement and AP leaders make technology decisions as they evaluate and select new SNM strategies and solutions.
This new report from Paystream Advisors is focused on supplier or busines-to-business (B2B networks). Many B2B processes—including contract and credential management, new supplier or vendor registration, supplier onboarding, and information management—are currently executed using time consuming, manual, error-prone processes.
This market analysis report helps organizations better understand and evaluate Supplier Network Management (SNM) solutions and help to identify opportunities to drastically improve supplier engagement and overall management. According to the report
“Historically, onboarding 10 – 20 percent of suppliers was considered sufficient, but that is no longer the case. Being unable to electronically connect to a majority of a supply base leaves a tremendous amount of uncaptured value on the table.”