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- CRM software for vendor management centralizes, collects, documents, and communicates all vendor information and performance information1. This helps to reduce risks and improve regulatory compliance by supporting fast and accurate due diligence and audits. Vendor Relationship Management (VRM) tools provide customers with the means to bear their share of the relationship burden with vendors and other organizations. They relieve CRM of the perceived need to "target," "capture," "acquire," "lock in," "direct," "own," "manage," and otherwise take the lead of relationships with customers2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.CRM software for vendor management reduces risks and improves regulatory compliance by centralizing, collecting, documenting, and communicating all vendor information and performance information, in order to support fast and accurate due diligence and audits.crmrunner.com/blog/role-of-crm-software-in-vendo…VRM tools provide customers with the means to bear their share of the relationship burden with vendors and other organizations. They relieve CRM of the perceived need to "target," "capture," "acquire," "lock in," "direct," "own," "manage," and otherwise take the lead of relationships with customers.en.wikipedia.org/wiki/Vendor_relationship_manage…
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- Beeline. Beeline is an extended vendor management solution that enables businesses to …
- SAP Fieldglass. SAP Fieldglass is a vendor management software that helps organizations …
- Genuity. Genuity is an all-in-one vendor management tool that lets you seamlessly source …
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