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Even the most successful Asset Management customers may be missing an opportunity to save 5% or more of total vendor spend by centralizing vendor relationship information, managing vendor performance, consolidating the vendor portfolio, and improving vendor governance to ensure business-aligned, cost effective decisions. IT Business Management has enhanced the value of Asset Management and allowed the clients to accomplish: manage vendors strategically - across assets, service providers and outsourcer's vendors, plan and optimize asset portfolio through better visibility into current state and eliminate over-purchasing, redundant or overlapping assets, services and vendors, off-contract purchasing.
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