A new dawn in CRE: Advanced vendor management

Advanced vendor management is shaking up the commercial real estate (CRE) industry by making operations more efficient and cost-effective. With the help of new technologies and improved communication, managing a variety of vendors has never been easier. This means clearer processes, fewer costs, and stronger vendor partnerships. Embracing these cutting-edge practices sets the stage for unparalleled success and seamless operations.?

In The CRE Resources’ June edition, we take a deep dive into five resources that explore what advanced vendor management really means for the CRE industry. ?

1. The CRE guide to advanced vendor management?

Step into the future of CRE vendor management for a more efficient, transparent, and cost-effective vendor management strategy.?

This free guide offers an in-depth overview into:?

• Methods to navigate vendor pricing inconsistencies?

• Ways to optimize communication channels?

• Techniques of timely payment practices to build stronger vendor relationships?

And more.?

… Download the free guide …?

2. What is vendor invoice management??

It’s no secret that maximizing operational efficiency and cost effectiveness remains a top priority for CRE professionals. Vendor invoice management is a key part of achieving these goals—a strategic process that, if harnessed correctly, can yield significant competitive advantages. It extends beyond mere transactional relationships; it plays a pivotal role in the seamless functioning and profitability of operations.???

… Continue reading …??

3. Unlocking the power of AI for streamlined vendor workflows in property management?

As the landscape of property management continues to evolve, understanding and implementing AI has become crucial for enhancing vendor workflows across procurement, management, and compliance. In this CREtech webinar, industry leaders will delve into how AI technologies are reshaping vendor processes within property management.

... Register for the webinar ...?

4. The power of proptech in vendor management: Bids and contracts?

Adopting proptech in vendor management processes within the NNN space ushers in a new era of seamless, streamlined functionality. It revolutionizes the traditional, often complex, vendor management by enabling automation, enhancing transparency, and ensuring compliance with industry norms.?Let's take a closer look at proptech's influence on bid management as well as contract and purchase order management.

… Continue reading …?

5. Self-assessment: Score your vendor management process?

Are you looking to optimize your current vendor management practices at your NNN properties? Your first step lies in our comprehensive self-assessment checklist.?

Framed to give you a snapshot of your vendor management health, this assessment helps you analyze various process aspects, such as:?

• Vendor selection?

• Relationship management?

• Invoice processing?

And more.?

... Take the free assessment ...?

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