Supplier Management
Gain competitive edge with intelligent supplier insights.
Supplier Management solution is designed to centralize supplier information, automate onboarding, and monitor performance metrics. This empowers organizations to foster collaboration, mitigate risks, and optimize sourcing strategies.
Cost savings: Achieve over a 65% decrease in supplier management resources and costs through streamlined processes and efficient supplier handling.
Enhanced risk identification: Quickly identify potential third-party risks, enabling proactive mitigation and safeguarding your supply chain integrity.
Improved compliance: Enhance compliance management by ensuring supplier information is current and automatically updated, reducing the risk of non-compliance within the supply chain.
Accelerated supplier onboarding: Speed up the assessment, qualification, and onboarding of new suppliers, ensuring timely engagement and operational readiness.
Supplier self-registration: Empower suppliers to maintain up-to-date profile information through self-registration, with total buyer control and approval to ensure quick and easy onboarding and qualification.
Performance evaluation: Track and evaluate supplier performance based on metrics such as quality, delivery times, pricing accuracy, and adherence to service level agreements.
360 visibility: Centralize data and processes to provide comprehensive insights across the entire supplier lifecycle.
Risk mitigation and compliance: Reduce the risk of non-compliance by ensuring supplier information is current and automatically updated, with alerts for any non-compliance issues.
Seamless integration: Integrate with ERP systems and master data tools to ensure automated data flow and compliance across multiple database.
Full overview