Build better vendor relationships with these tech-driven best practices
Breakdowns in communication between facility managers and vendors are unfortunately commonplace and chip away at good professional relationships over time.
Duplicate orders alone are a persistent problem. An average of 1.5% of payments paid each year by organizations go to cover duplicate or incorrect orders, according to CFO.
Facility managers (FMs) are responsible for working through these miscommunications daily—often without support to make the process more manageable. But finely tuned tools for organizing and automating vendor management are within reach. You’ll typically find these solutions built into a comprehensive computerized maintenance management system (CMMS) such as Corrigo.