Acquisition Management

Duplicate or outdated contractor information, inability to consolidate spend data across agency, under reporting diverse spend, cost reduction, and monitoring critical suppliers challenge even the best procurement department. D&B information can confirm the legitimacy of a contractor, monitor supplier risk as well as improve supplier data management. D&B can help manage the acquisition process better.

Specifically, D&B can help to:

• Assist with vendor verification
• Streamline bidder registration process
• Perform responsibility determinations
• Conduct post award monitoring of contractors
• Gain spend transparency across your agency
• Conduct spend analysis to drive cost reduction
• Ensure supplier diversity compliance
• Identify fraud, waste and abuse among contractors