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6 best practices for better vendor management

CIO

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships.

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CIOs take aim at SaaS sprawl

CIO

According to IDC SaaS Path research from 2023 , 67% of businesses with more than 1,000 employees have employed a SaaS management platform, says IDC analyst Frank Della Rosa — a market category that includes a broad array of options, such as Productiv, Zylo, Flexera One, Blissfully, Torii, BetterCloud, Zluri, Apptio, and LeanIX, among many others.

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Software vendors offer AI sales boost for retail at NRF show

CIO

Its Dynamics 365 Customer Insights marketing analytics tool is also getting a generative AI makeover, with a new Copilot to help staff build and manage marketing campaigns. Artificial Intelligence, Generative AI, IT Strategy, Microsoft, Predictive Analytics, Retail Industry, Vendor Management, Vendors and Providers

Retail 263
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Flipping the sales script: How to break biases and diversify sales teams

TechCrunch

The reality is that many go-to-market (GTM) plans are shifting to product-led growth (PLG). Enablement includes everything from access to additional resources, volume discounts and navigating security, to vendor management, procurement and understanding product roadmaps.

How To 210
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Travelex leverages cloud-based customer data platform to boost retention

CIO

billion, according to Allied Market Research. CIO, Data Management, Data Quality, ICT Partners, IT Leadership, Travel and Hospitality Industry, Vendor Management Money generated from prepaid travel cards is set to quadruple between 2022 and 2032, from $120.5 billion to $492.80

Cloud 130
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How Accenture’s solution erases the blind spots of services spend management

CIO

As it faced its latest challenge, Accenture chose SAP Fieldglass , a vendor management system for services procurement and external workforce organization, to provide reporting and analytics. Meeting changing markets and business demands The function was deployed back in 2020 in the first of many country-by-country rollouts.

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The CIO’s guide to smarter vendor negotiation: 10 tips

CIO

Prices are increasing, and negotiation is becoming more difficult,” agrees Melanie Alexander, senior director analyst on Gartner’s sourcing, procurement, and vendor management team. Vendors are not granting the same concessions they have in the past.” Indeed, the arithmetic can be downright opaque.