A vendor portal is a collaborative platform for direct and real-time information exchange with your vendors. To encourage vendor self-service and hence reduce your vendor management overload and operating costs, our portals support:
role-based access control
information and verifications’ submission, as well as profile details’ updates by vendors
search for and on-portal acceptance of open purchase orders (POs)
delivery dates setup and updates
claims settlement
direct electronic invoice submission
inquiries about payments and invoice statuses
statistics about previous purchases and supplies, etc.
With a vendor portal, all the necessary vendor information is quickly available for all departments involved. As the company and the vendors together gain from saving time and effort, a vendor portal is a win-win collaboration solution for both of you.
With a vendor portal specially tailored to your venture goals, automate and facilitate interactions with your suppliers, make business processes more transparent and simple.