Prequalification

Supplier (Contractor/Vendor) Prequalification

2020-08-24T13:03:15-06:00Education, Industries|

When done correctly, prequalification will reduce company risk, employee stress, and confusion regarding safety expectations. Working with suppliers or third-party contractors to improve business operations and capabilities can certainly have its advantages. It can also have drawbacks often associated with increased exposure to risks.

Leveraging Spend Through Prequalification

2020-07-14T13:03:26-06:00General, 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?

Why Hire a Third-party to Manage a Third-party?

2020-07-14T13:21:19-06:00General, Industries|

There are a lot of positive takeaways from companies that provide supplier manage solutions. Unfortunately, there are also a lot of frustrations where there shouldn’t be any at all: complicated navigation, overpriced fees, difficult to understand requirements and lack of customer support all play a roll.

Go to Top