Supplier Self Service

A Supplier Self Service Portal is a web-based, vendor management solution that allows the client to collaborate with their vendors in a secure, online environment. Vendor portals provide a web based platform that allows:

• Prospective vendors to easily provide on-boarding information;
• Submit invoices for payment;
• Perform 24 x 7 payment inquiries;
• Participate in a quotation approval program;
• Dispatch and update PO

Benefits of a Vendor Portal

Vendor management portals are ideal for providing better service, more efficiently and for less operating cost. Most importantly, vendors have access to the portal 24×7 via secure login. Vendor portals also:

Facilitate Vendor Self-service

Allow the vendors to find the information they need, when they need it, instead of calling their clients and have their resources do the work for them.

Show Real-Time Payment Information

Vendors and suppliers can submit invoices and all related information directly into the Vendor Portal, which managers can see instantly in real time.

Reduced Internal Resource Demands

Answering thousands of call and emails about payments and disputes every month is time consuming and costly. A vendor portal can provide answers to most invoice payment questions in a streamlined, time-efficient vendor self-service environment.

Provide Dynamic Discounting

The Client can float in the Material Requisition (MR) like an open bid with a time frame in the vendor list. Every vendor can see the MR and bid on the items. The least quote can be approved and hence, it saves time and money for the client.