Is vendor management software cloud-based or on-premise?
The majority of the modern platforms are cloud-based VMS deployments that are scalable and remotely accessible. However, On-premise options are still available for businesses that have stringent security requirements. Vendor management software is compatible with both models.
Related Vendor Management FAQs
What is the role of procurement in vendor management?
How do you maintain strong vendor relationships?
How do you evaluate a vendor’s sustainability practices?
Healthcare
Financial Services
Technology
Venture Capitalist
Chief Procurement Officer
Chief Financial Officer