Risk Management in IT Vendor Management

Risk management in IT vendor management is essential to minimize risks during and after the outsourcing of IT services, ensuring smooth service operations. In today’s digital world, businesses are increasingly dependent on IT services, making the efficiency and quality of these services critical to their success. In the following, we show how to effectively handle…

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Vendor Management in Germany – Current Status and Challenges

Companies that outsource IT services are increasingly focusing on establishing a vendor management organisation within their own operations. They have come to realise that simply selecting the right service provider is not enough to ensure high-quality IT services. Service providers do not operate “automatically”; they require a continuous interface with the client company and must…

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Providermanagement-Tools – ein Vergleich

Vendor Management Tools – a Comparison

Vendor management tools are used to manage the relationship between an organization and its IT service providers. They help organizations manage their providers and vendors, track their performance, and ensure that they are meeting the needs of the business. Yet there is no one-size-fits-all solution for requirements placed on the tools because the functional focus…

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