Vendor Collaboration
Provide Better Trade Agreements
A vendor collaboration portal helps buyers and sellers to form a mutually beneficial consensus on finance, pricing, supply quantities, delivery deadlines, payment methods, and more.
About the product
The vendor portal allows real-time integration with an ERP system, which is a quick way to improve accuracy, speed, and error elimination within the procurement process.
It is a challenge to maintain a good relationship with all vendors. Vendor management is an important process and, if managed efficiently, can provide better trade agreements and other benefits. The vendor collaboration feature streamlines your supply chain management, allowing an automated and more efficient process.
Main Features
Information for vendors responding to POs
User workflows setup
Vendor setup
Vendor setup
Provision vendor user
Approve vendor user provisioning
Change management functionality (on/off)
Easy Management
Vendors can update their profile information like Contact Information, Vendor Addresses, Bank Accounts, Certifications, and Users
Accept, and Reject request for quotations (RFQs) and setting Price of the Bid
Send Po to the Vendor & Vendor Response (Confirmation)
Purchase Order Split delivery & send suggestions for change in delivery dates for the PO
Changing a PO, Canceling a PO & Updating a PO when a vendor suggests changes
Adding attachments to a PO to be visible to the vendor
View purchase order invoices and the invoice payment status online
