Supplier Compliance Ripe for Tech Disruption
While many service providers offer cloud-based technology, none so far offers an overarching solution to ensure supplier compliance across all parameters -- ranging from financial risk status to identifying and working with diverse suppliers.
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Pros and Cons of Third-Party Software Maintenance
Software maintenance and support fees usually range from 18–25 percent of the license cost. However, some third-party support providers have faced legal penalties for violating intellectual property rights.
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Effective subscription management
Buyers are finding it difficult to manage scientific, technical, and medical (STM) subscriptions despite the supply market being consolidated by aggregators and leading publishers.
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