article thumbnail

Strategic Sourcing & Vendor Management: Value Creation Levers for Operating Partners

E78 Partners

Strategic sourcing and vendor management. Short-Term Wins: Cost Optimization Through Vendor Management The first step is visibility. These diagnostics often reveal overlapping vendors, suboptimal terms, and missed volume discounts. One proven tactic is vendor consolidation. Contact E78 to learn more.

article thumbnail

BNY Mellon Partners With Early Warning Services For Faster Payment Times

PYMNTS

By leveraging EWS’ Real-time Payment Check service with account owner authentication, BNY Mellon’s solution will aid in speeding up validation, so long as the account is open and in good standing, and the payee is authorized to sign on the account. Due to the real-time factor, fraud can be mitigated, the release states.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Netspend CEO On Making The B2B Pivot

PYMNTS

What they'd like to do is also extend that to people who maybe can't enjoy [the] in-stadium experience but have a loyalty to the brand and are looking to leverage these capacities beyond the stadium environment,” Knutson said.

B2B 112
article thumbnail

Maximizing Value: The Significance of Spend Management for CFOs of Private Equity Backed Companies

E78 Partners

Implement Technology Solutions : Leveraging spend management software and automation tools can streamline procurement processes, improve data accuracy, and enhance spend visibility. By fostering strong relationships with vendors, CFOs can leverage their purchasing power and negotiate favorable terms, leading to cost savings.

article thumbnail

Square For Retail On Register Integrates POS, Payments

PYMNTS

The integrated solution enables retailers to leverage software, hardware and payments on a single comprehensive platform. . Square for Retail offers a full sequence of tools, including stock and vendor management, margin reporting and more. .

Retail 56
article thumbnail

How Enterprise SaaS Ushers In A New Buyer-Supplier Dynamic

PYMNTS

Measuring and assessing delivered value needs to become a central focus of the buyer-supplier relationship in the B2B subscription economy today, said McCorkle, and to do that, the customer needs to step into a larger role in relationship management.

B2C 52
article thumbnail

Candex Raises VC To Help Businesses Pay For Gig Services With Blockchain

PYMNTS

This can lead to the administrative costs associated with vendor management exceeding the cost of the vendor’s services. “It It is amazing how much time and effort gets wasted when a typical organization tries to work with small vendors,” said Jeremy Lappin, Candex co-founder and CEO, in a statement.