As IT has grown more dependent on outsourcing, vendor management has become a critical function for IT organizations—particularly with a recession on the horizon due to the COVID-19 pandemic. Establishing strong governance is essential for maximizing cost savings when overseeing a vast network of vendors who are now essential components of your business.

This white paper covers:

• How to make a case for stronger governance and get buy-in from the business
• The three key requirements for maintaining healthy vendor relationships
• Six key management areas and how to execute them effectively

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