Forescribe Glossary
What is Preferred Vendor Registry?
A centralized database of approved and vetted SaaS vendors that aligns with the organization's procurement, security, and compliance standards. It standardizes vendor selection across teams.
Why it Matters
Ensures that teams only use reliable, compliant vendors, reducing procurement risks and supporting better negotiation leverage and volume discounts.
Benefits
- Curated vendor list
- Ensures compliance
- Streamlines procurement
- Reduces vendor sprawl
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