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Vendor Management Saves You Time and Money

Vendor Management Saves You Time and Money

The small businesses that rely on technology typically logs a lot of phone time with technology vendors. Decision makers that may not know more than the average person about IT can be left making important technology decisions when they think they are just making financial decisions. Today, we’re going to explain how they are different and what your next step is. 

For the SMB, investment in IT fuels growth in productivity. That demand is exactly why there are so many vendors looking to call small business owners to offer their products and services. Unfortunately, all that time spent on the phone or shooting emails back-and-forth is costing your business plenty. What they need is someone that knows IT and knows the ins-and-outs of your business. Enter the Virtual CIO.

What is a Virtual CIO?

The Virtual CIO service provides a business a professional point-of-contact for technology vendors. Using their expertise with business technology as a guide, a Virtual CIO makes deals that can save your business thousands; and, since it’s outsourced, it does so without taking any resources away from business operations. 

The value of a Virtual CIO is that your business gains the technical expertise needed to make smart (and strategic) IT investments, and you get the insulation that comes from not being bothered by dozens of different vendors all the time. The service allows business owners to focus on their business, not their IT.

Vendor Management By the Pros

Have you been bamboozled by a vendor into a lengthy agreement? Are you paying too much for utilities or bandwidth? A Virtual CIO service provides comprehensive vendor management that could work to save your organization thousands on unnecessary costs.

At Preferred, our vendor management service will help you:

  • Consolidate vendors: Often times businesses will test products by working with multiple vendors. If they are comparable, you should consider moving to one vendor rather than several, making the process of handling all of your products much easier as a whole.
  • Measure vendor performance: It can take time to measure vendor performance, but the time you spend will easily be made up when you eliminate vendors that aren’t providing adequate services.
  • Implement a vendor management service: When you have a single point of contact for all of your vendors, you’ll find that it’s easier and more effective to work with them. We can handle your contracts, performance analyses, relationship management, and vendor risk to keep your technology working as intended.

Why not stop wasting time and money and call the IT professionals to take control over your technology and utility vendors with our vendor management service. Call Preferred today at 708-781-7110 for more information.

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