Leveraging Spend Through Prequalification

2021-02-09T15:29:36-07:00General, Procurement|

Procurement professionals can leverage their company’s spend through gathered data and safety statistics on their suppliers before they hire. Companies that outsource work tasks to suppliers often devote a lot time and energy trying to decide on which supplier to outsource too. This typically involves a Request for Proposal (RFP) process but what if that can be sped up through contractor data gathered and provided by a prequalification service?