Managed Services

"This is the latest generation of the methods we pioneered nearly a decade ago."

Tom Glassanos
Bavelos Group



Testimonials

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Terms Transformation Services

With our Terms Transformation Services, we’ve successfully managed outreach to hundreds of thousands of vendors.  Our trained resources target each vendor based on our analytics and present terms optimized for the greatest result.  In the process, we scrub & cleanse master vendor data, rationalize inconsistent terms and transform net terms into income generating early payment opportunities. Our vendor services employ a combination of telephone, email and mail outreach. We track and manage progress across a series of campaigns and escalate exception situations for assistance, only when necessary.  Prior to any outreach, we train your designated accounts payable and procurement resources.


 

calendar_monthTerms Extension
Extends terms with a new precisely targeted payment terms policy.

chartDiscount Optimization
Works with each vendor to maximize opportunity to capture early payment discounts.

magnifyVendor Scoring
Matches each vendor with our attribute base and scores propensity to extend and discount.

refreshVendor Rationalization
Identifies inconsistent terms and aligns them across contracts and relationships.

globe Vendor File Cleanup
Completes missing profile information and updates compliance records (W-9, W-4) as needed.

checklistTracking and Reporting
Tracks supplier outreach progress and reports campaign results against goals.

 

smart-phonePhone, Email Outreach
Conducts mass outreach to communicate new terms and propose discounts.

alarmEscalation 
Escalates unresponsive suppliers or special needs and manages resolution process.

user_groupTeam Training
Trains designated AP and procurement resources on dynamic terms and vendor inquiries.