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Vendor management: The key to productive partnerships

CIO

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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6 best practices for better vendor management

CIO

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships. Allen says.

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Managing the many we’s of IT

CIO

Whether we like it or not, we in IT, as perceived by our stakeholders, includes our vendors. We do not get a pass saying, Thats not our fault; that is vendor X, Y, or Z screwing up. We need to up our vendor management game. ITs bigger we Technology value creation is a team sport.

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Your CEO has little idea who IT is or what IT does

CIO

Executives need to understand and hopefully have a respected relationship with the following IT dramatis personae : IT operations director, development director, CISO, project management office (PMO) director, enterprise architecture director, governance and compliance Director, vendor management director, and innovation director.

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Grand Bank's Success Story: Enhancing Vendor Management with Ivanti's External Attack Surface Management Solution

Ivanti

Forrester highlights that EASM is crucial for thorough due diligence, especially during mergers and acquisitions, where uncovering hidden vendor assets is vital for assessing risk. It offers an automated, comprehensive vendor management approach that continuously monitors vendors' attack surfaces, assesses and mitigates risks.

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SaaS startup Stimulus closes oversubscribed $2.5 million seed round

TechCrunch

Stanard established the company after her own experiences as a buyer and vendor manager. She found that the job always came down to two points: who you know and what information you have to make decisions. “It’s going from discovery to matching in real time.”.

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How to know a business process is ripe for agentic AI

CIO

AI agents also need information on who is responsible for specific tasks, what the objectives are, when actions need to happen, and how the process unfolds. The IT department uses Asana AI Studio for vendor management, to support help-desk requests, and to ensure its meeting software and compliance management requirements.

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