Rebuilding vendor management
for spend visibility, control
and compliance

A leading global manufacturer was managing more than $4 billion in vendor contracts with little to no centralized visibility. Contracts existed across PDFs, emails, and shared folders, with the central system of record lacking usage. There wasn’t a consistent way to track performance, obligations, or financial regulatory exposure as well.

The organization lacked a formal vendor management office, leaving procurement, finance, and legal teams operating in silos. Contract monitoring was inconsistent. Vendor expenses were difficult to validate. Reporting was fragmented and slow, with very few actionable insights on contracts and vendors. Without a unified approach, vendor-related leakage went undetected, and leadership lacked the insight needed to manage a complex global supplier network.