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Technology vendor relationships are important, but since list prices on technology tools for our profession are fixed, there is not much that can be gained as a result of spending time managing those relationships.
Firms should view technology spending as strategic. Developing technology vendor relationships is critical to ensuring that vendors are aware of a firm's strategic plans to ensure the proper technology stack is deployed within a firm.
Managing technology vendor relationships is considered an administrative task and should be left to those managing all other firm vendor relationships.