Inefficiencies in contract management can cause substantial losses. The greater the volume of contracts processed, the greater the possibility of even bigger deficits—up to 40% in one study by accounting giant KPMG. There are also countless opportunities lost as...
Let’s say you have a problem of how to get to work from your house in the suburbs to your office in the city. You look at your situation and you buy a car. The car provides the desired outcome of transportation to the office and back. You do not have to specify the...
Federal contractors with lax cybersecurity standards may soon regret it. According to a report issued by security ratings company BitSight on February 15, sensitive US government data is being put at risk by contractors who fail to adhere to even the simplest...
Procurement tech will be evolving rapidly over the next few years, according to a recent report. A Gartner report predicts that all spend analysis software based on “narrow” AI (artificial intelligence) will be obsolete and ready for replacement five years from now....