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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.

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How today’s enterprise architect juggles strategy, tech and innovation

CIO

tagging, component/application mapping, key metric collection) and tools incorporated to ensure data can be reported on sufficiently and efficiently without creating an industry in itself! Observer-optimiser: Continuous monitoring, review and refinement is essential.

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Ramp raises $30M as the battle to own corporate spend heats up

TechCrunch

The company recently added vendor management tooling , and is now adding reimbursing capabilities so that employees can be paid back for expenses not made on the startup’s cards. Brex declined to share growth metrics. Ramp is dropping new code with its funding news, underscoring the point.

Metrics 235
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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO

Cloud cost visibility, cost insights, cost governance, defining a cloud baseline infrastructure and vendor management are essential components of a comprehensive cloud financial management strategy.

Cloud 147
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10 best practices when partnering for strategic skills

CIO

Dun & Bradstreet’s Manos recommends regular check-ins where key goals, metrics, and objectives are reviewed. Double down on vendor management. To manage these relationships, IT organizations need robust vendor management processes , says West Monroe’s Wright.

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5 ways to maximize your cloud investment

CIO

Optimizing cloud investments requires close collaboration with the rest of the business to understand current and future needs, building effective FinOps teams, partnering with providers, and ongoing monitoring of key performance metrics. We need hard metrics because we’re running 800 instances of cloud computers.

Cloud 187
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The CIO’s guide to smarter vendor negotiation: 10 tips

CIO

Prices are increasing, and negotiation is becoming more difficult,” agrees Melanie Alexander, senior director analyst on Gartner’s sourcing, procurement, and vendor management team. Vendors are not granting the same concessions they have in the past.” There are an increasing range of technologies and providers.