- Effective training of the vendor in respect of the transaction and related regulatory conditions, and especially the: Protection for all parties in respect of the potential fraud often associated with such transactions.
- financial implications and cash flow management
- functional guidelines to ensure effective procurement and sourcing
- financial management of the cash flows in the vendor’s business (including VAT and other taxation provisions)
- financial implications and cash flow management
- Large organisations can in turn:
- deploy funding into the training
- deploy funding into the transactions
- receive greater BEE scores in respect of preferential procurement and supply chain development — enjoy the financial benefits of Ecsponent Procurement Services’ collective buying power and specialist procurement expertise.
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Source: ecsponent