Enable Your Vendor Management Office With A Comprehensive Technology Toolkit

Enterprise partnership landscapes are increasingly complex. Firms need to work not only with traditional technology and service providers but also startups and emerging tech vendors, increasing management complexity. To avoid siloed approaches, enterprises must implement systems that manage providers across the full engagement lifecycle. Rapid technology evolution accelerates vendor churn, pushing firms to add new partners while simultaneously trying to consolidate relationships to reduce operational burden. This research explores the technology and systems that firms must invest in to help improve the performance of their vendor management function.