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6 Advantages of Working with a Related blogs

Single Vendor
By Tim Tyler February 2, 2020

Business Management

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Like the universe, the enterprise software marketplace is expanding rapidly. More and
More in Business Management
more vendors are entering the market, often with a growing range of solutions to create a
confusing array of purchase options for corporate buyers.
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And it's not about to get any easier for those tasked with purchasing enterprise software
systems, with reports that spending on ERP solutions will reach almost $300 billion Compliance
worldwide in 2012. Safety & Security

With money like that in the marketplace we can expect that it will continue to attract a Team Management
steady stream of new vendors looking to capitalize on what they see as easy money. Vehicle & Equipment
Unfortunately the influx is only going to muddy the waters for anyone who wants to Management
compare, evaluate and make good purchase decisions on their company's ERP solutions.

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More ERP Software Can Mean Dealing with Agriculture
Multiple Vendors Construction

As companies continue to invest in additional ERP software systems to handle their Distribution
ongoing growth, this can often mean the number of vendors they end up dealing with Higher Education
grows at the same time. This creates its own set of difficulties, not the least of which is the
Municipal & Public Safety
increasing amount of time it takes to manage these relationships and coordinate that Nonprofit
internally. Oil Gas & Mining

Even without multiple ERP vendors, companies may already be dealing with a significant Service & Repair
number of suppliers, even for basic services such as telephone, internet and power. Often Transportation
it becomes a full-time job for internal administration staff to keep up with the paperwork,
Utilities
reporting faults or requesting technical or sales support, a major cost in itself.

6 Reasons Why Dealing with a Single Vendor is

Best

1. Minimize compatibility problems

Because the vendor specifically designs their products to work together, on the same
platform, there are several advantages for the user including no double data entry, more
cross-application features and faster processing speeds. Schedule a demo

Find out how our platform gives

2. Get new features sooner you the visibility you need to get
more done.
Since you're already running on the vendor's platform you have the infrastructure in place
to deploy new features or applications from the same vendor a lot quicker, without all the
See plans & pricing
preflight checks normally required when taking on a new program.

Get a demo
3. Save time in the procurement phase
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We all do it but not many of us actually enjoy time spent comparing vendors to find the
best. If you had to do that every time you needed a new application you'd wear yourself newsletter
out. If you've already found a quality supplier, it's easier if you can stick with them for Get helpful fleet management
additional software you need. content delivered to your inbox.

4. Vendor takes more responsibility

Email address

There's an old saying 'one bloke to choke' that can apply when working with a single
vendor. In contrast, a multi-vendor environment can have you going from one to the next to Subscribe

get a problem resolved, with each vendor blaming the next.

5. It's just easier

One phone number, one contact, one invoice; it's just easier dealing with one vendor.
Period.

6. Faster deployment and staff training

Software from the same vendor follows the same style of usability. Similar controls and
functionality means new features and applications can be rolled out, and staff won't
require a lot of intensive training to get up to speed.

Streamline Your Operations With a Single

Vendor
There might be times when it makes sense to use multiple vendors, but there are plenty of
reasons to stick with one if they're doing a good job of looking after your business needs.
Of course, if you're currently dealing with multiple vendors maybe it's time you looked at
moving to a vendor that offers a complete solution on a single platform. Make the switch
today and start enjoying the benefits of working with a single vendor.

Find out how our platform gives you the visibility you need to get more done.

Tim Tyler
Tim Tyler joined the team in 2015 and is responsible for product positioning and
voice of market (VOM) in order to affect the way the marketing team connects
and communicates with customers.

Tags: Cost control, Data & Analytics, Field management, Productivity & Efficiency, Team
Management, Training

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