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Sigma Management Group, INC.

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InSight | Vendor Master File Management Services are designed to save you time and money.


  • DID YOU KNOW that over 6% of all vendors change their name, affiliation, or standing on an annual basis?
  • DID YOU KNOW that 75% of all duplicate payments can be eliminated by merging duplicate vendors?
  • DID YOU KNOW that on average, 50% of all vendors in the VMF are inactive, due to duplication of names, one-time status, or being out of business?



How will InSight improve your vendor relationships and operational efficiency?



Maintenance: Using our MicroScan technology, InSight evaluates numerous fields in the VMF to identify vendors to be maintained, merged, or re-classified as inactive or archived.


Compliance: InSight identifies the full spend with affiliated vendors, revealing opportunities for volume pricing/discounts, lower freight costs, and more accurate IRS/SOX/Industry reporting.


Convenience: Using our Solutions Gateway, vendors can independently modify/update their information, ensuring that our clients’ VMF stays current and accurate.


Savings: Improvements in your VMF are achieved with no software or IT investment, or updates to your AP system.

 

InSight Process