Get in and Drive! Data Governance Tools Buying Best Practices to Accelerate Supplier MDM

Ultimate Supplier Management

English - October 28, 2021 17:00 - 35 minutes - 24.7 MB - ★★★★★ - 1 rating
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Previous Episode: Albertsons: Supplier Management Best Practice Trailblazer - Mastering Supplier Data Across Systems, Departments and Processes with the Power of AI

Next Episode: Learn How Kimberly-Clark Put Itself in the Top 14% of AP Departments: 3 Steps to Turn AP into a Profit Center

Laying the groundwork for good supplier data governance started with figuring out what granular aspects of supplier MDM were different from other domains like customer and item. First, Karen Coronado, the data governance team and stakeholders throughout the company established the Supplier MDM goals specific to their company. Then, they decided to invest in a built-for-purpose solution to accelerate ROI. Now, the company is implementing a supplier management platform that comes with best practices and out-of-the box templates.

Watch this webinar to hear Karen discuss:

Registering suppliers with an automated process that uses customized business rules and automated approval workflowsAvoiding supplier fraud and risk by closing control gaps in supplier setup and managementEnforcing standard payment termsPushing more suppliers toward electronic paymentsImproving strategic sourcing effortsSaving FTE time and money

Speakers:

Karen Coronado, Manager, Data Governance at Lennox InternationalAkhilesh Agarwal, SVP, Global Business Partner Technology Solutions at apexanalytix

Webinar slides: https://bit.ly/3k0wusR
Webinar video: https://www.apexanalytix.com/video-get-and-drive