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Joe Flynn

Author: JoeFlynn

Vendor Portal Expert  > Articles posted by JoeFlynn (Page 2)
Supplier Evaluation Checklist

Supplier evaluation checklist strategies vary from company to company, but in all cases, can be a proactive way to expand your organization’s ability to attract and maintain the right suppliers. Establishing a company-wide methodology to help evaluate suppliers is easier than you think and will contribute to making sure that you avoid mistakes. Mismatches between your expectations and those of your suppliers can cause delays, severe...

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ERP Upgrades are too expensive

ERP upgrades can be an expensive, challenging and inflexible One System to manage all Enterprise Resource Planning has been an intriguing concept the world over.  Just the whisper of ERP upgrades grabs the attention of both IT and finance executives everywhere. However, its high implementation costs combined with considerably long deployment and configuration periods are frequently noted as major drawbacks. In the past couple of years, it...

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Vendor File cleansing

Vendor Master Cleansing is a topic that is gaining in popularity. Recently Shanna Flynn of Lavante wrote a blog comparing Vendor Master Cleansing to cleaning your room at home. The bigger your company gets, the greater are the chances that your vendor master file will become filled with missing, outdated, inconsistent information, duplicate files, and other problematic vendor related information under the same corporate umbrella. Vendor Master...

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eProcurement Integration Challenges

EProcurement Integration Challenges are everywhere you look when deploying a new system. The number of leading companies, which are realizing and embracing the numerous benefits to using eProcurement technologies and solutions is constantly growing and expanding. However, this new promising option for the impatient business world demands that a successful implementation is executed properly. Some of the problems associated with eProcurement implementation include integration to incompatible platforms...

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Supplier Diversity Programs 5 steps to Success

5 Steps to creating Supplier Diversity Programs Supplier diversity programs offer quite a few benefits to companies beginning with better innovation capacity and reaching all the way to cost efficiency. Major league corporate players are already investing into their internal supplier diversity programs. However, becoming a part of the promising supplier diversity wave is much easier said than done. You need to involve all levels of...

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improving business collaboration

Ten tips for improving business collaboration. The power of improving business collaboration has proven itself to be an integral factor in product execution. Business is not an exception from this unwritten rule. Improving collaboration always tends to drive collectives to achieve more and perform better. So, what are the best ways to optimize and improve business collaboration? Ten Tips to Improving Business Collaboration: Set common goals and...

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Supplier diversity programs tips strategies

5 Tips for improving your supplier diversity programs Supplier diversity programs are fast becoming a necessity in Enterprise businesses. It almost comes without saying that if you want to ensure competitiveness and a high-level of adaptability to the changing circumstances within all demanding markets, each and any business entity regardless of its shape or size is required to invest in new ways to improve their supplier...

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The Basics of PO Flip

PO Flip is the new Must-Have procurement portal feature. Just like any other process automation solution, eProcurement has introduced some new terms to offer a more understandable explanation and description for new functions within the process. Without any exaggeration, we can say that one of the most interesting terms to become a part of the eProcurement vocabulary is associated with the ­PO Flip concept. So, what...

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segregation of duties

What is Segregation of Duties? Segregation of duties, in a nutshell, is a concept where a company places controls on processes when more than one person is responsible for completing a task. A Segregation of Duties control has the primary purpose of strengthening internal processes by preventing potential fraud, errors or unwanted scenarios. It’s also not a mistake to say that the Segregation of Duties represents...

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Supplier Self Help Portals

Supplier Self Help Portals are a simple way to leverage technology to service your supply base. All across the world, people are faced with trying to improve supplier support without increasing resources. It’s definitely not an easy thing when you have increasing demands from suppliers for improved quality support, on the one side, and have limited resources, on the other. It really looks like a...

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