• The Hackett Group's 2026 vendor management study found growing supplier complexity is outpacing organizations' capabilities, raising costs and payment risks.
• Annual onboarding and maintenance costs average $182 per vendor among organizations tracking costs, implying staffing costs above $1 million for the average organization.
• Among respondents, 58% manage more than 5,000 active vendors globally; 49% process more than 5,000 supplier data changes annually.
• Onboarding remains mostly manual or partially automated at 66% of organizations; 53% have partially centralized or decentralized governance.
• Vendor payment fraud and impersonation concern 94% of respondents; 37% experience frequent or very frequent vendor data issues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Hackett Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202611050800BIZWIRE_USPR_____20261105_BW436015) on November 05, 2026, and is solely responsible for the information contained therein.