Master Vendor Program

company

Master Vendor Program

Organizations that are looking to eliminate unnecessary expense to bring their risk exposure under control by consolidating and rationalizing their supplier portfolio and eliminating unregulated spend by consolidating under a single Master Vendor program, Business Arts India provides a unique vendor management solutions and programs to support them via direct relationships or MSP and/or VMS staffing models, which optimizes the overhead cost structure and provides 10-15% direct savings from current market prices.

Business Arts’s Master Vendor service guarantees:

  • A single point of contact to manage vendors
  • Accountable supplier-business unit partnership
  • Payroll/pass-through management to reduce liabilities and management of contract employees
  • Time and cost savings as all invoicing, remittance, timesheet and other administrative processes are handled by Business Arts
  • End-to-end resource management including compliance, on-boarding, training and development, and off-boarding
  • SLA driven execution and management of contingent worker staffing
  • Comprehensive analytics and reports
  • Robust systems that cover the entire sub-vendor management process
  • High levels of fill rate
  • Significant savings in terms of volume discounts