Ncontracts
Case Studies
Vendor Management Case Study
Overview
Vendor Management Case StudyNcontracts |
Application Infrastructure & Middleware - Data Exchange & Integration | |
Finance & Insurance | |
Procurement Business Operation | |
Supply Chain Visibility | |
System Integration Training | |
Operational Impact
The credit union now spends only one hour a week to monitor over 300 contracts with 200 vendors. | |
The credit union has seen improved vendor performance and early notice of vendor breaches. | |
The credit union has been able to strengthen its vendor agreements and make better, data-driven decisions. | |
Quantitative Benefit
Reduced vendor monitoring time from 20 hours per week to just 1 hour per week. | |
Increased the number of vendors monitored from 30-40 to 200. | |