A while back, we published a couple of white papers that described the various ways in which VendorINSIGHT® generates a return on investment, or ROI, for customers. We recently updated these numbers based on the current environment and discovered VendorINSIGHT® is generating an ROI of more than 800%! There aren’t many investments like that these days. It’s nice to know that we can improve the financial performance of our customers by helping them deal with regulatory and risk issues in a more efficient, productive, and automated manner. With VendorINSIGHT®, a lot of our unique monitoring solutions that our competitors don’t offer – like our news service and our social media and customer complaint monitoring – create even more value on top of the core vendor management system (VMS).
What happens if you suddenly lose your point of contact (POC) at a vendor? A POC is an individual or a specific department who acts