A multi-supplier approach to sourcing Application Development & Maintenance (ADM) has left buyers with too many relationships to manage and has degraded their ability to take advantages of volume. Done correctly, supplier consolidation in ADM can deliver significant benefits to buyer organizations including reduced supplier cost, simplified governance, increased delivery efficiency, and increased innovation.
This paper discusses 10 best practices for supplier consolidation, and outlines how buyer organizations can mitigate risks while still focusing on the financial goals.
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Note: this report is from 2012. See our most recent R2R research report.
The Finance & Accounting (F&A) function comprises three end-to-end processes – Procure-to-Pay (P2P), Order-to-Cash (O2C), and Record-to-Report (R2R). This report focuses on…
