Category: Blog

Contracts are an integral part of financial, compliance, and business development processes. Effective contract management mitigates material enterprise risk, improves cash collections, and reduces wrap rates.

What is Category Management? At one of our roundtable discussion with senior procurement executives, one panelist said the number one challenge her agency faced in trying to institute stronger Category Management practices was education—many people did not understand what Category Management meant and why they should care.

Various departments throughout the organization need vital information from Contracts and it is almost always time sensitive and with little notice. While a data call may not always be “urgent,” a lack of proper tools and resources can lengthen the necessary lead time.

Throughout the year, the Unison Marketplace team works diligently to bring you enhanced capabilities in support of unique purchasing needs. Based on feedback from our Buyers, the team has added multi-currency support to the Marketplace.

If you don’t have a standard process you need to develop one or follow one like the Government Accountability (GAO) Cost Estimating Process. The GAO Cost Estimating Process consists of twelve (12) steps. Each step builds upon the others to develop a comprehensive and complete cost estimate.