Forge Strong Partnerships with Strategic Vendor Collaboration
Streamline vendor relationships and optimise procurement processes with our cutting-edge Vendor Management module. From swift supplier onboarding to meticulous purchase order management, our system empowers you to efficiently handle vendor information, track deliveries, and ensure timely replenishment.
What Makes ViTWO ai Vendor Management Fast and Effortless?
➙ Instantly add vendors using their GST numbers for a hassle-free onboarding experience.
➙ Simplify beneficiary addition by uploading a cheque for secure and efficient transactions.
➙ Easily manage Points of Contact (POC) details by uploading visiting cards and ensuring comprehensive vendor profiles.
➙ Utilise a matrix-based, unified view of vendors and a data-driven incident model.
Facilitate vendor management by empowering them with self-service tools for accurate data, automating onboarding speed, directing spend to preferred partners, and leveraging real-time insights for informed decisions, risk mitigation, and consistent quality delivery.
Vendor Management Key Features
For optimal business value, it is crucial to evaluate software features carefully and implement them effectively for improved compliance and processes
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Utilise an automated smart selection matrix for choosing the perfect vendor from quotation responses.
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Dynamically adjust weightages for different parameters to ensure a tailored and precise vendor selection process.
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Post, adjust, and settle payments effortlessly with embedded banking, ensuring automatic reconciliation and accurate accounting.
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Automate vendor communication through the Partner App, Email, and WhatsApp for comprehensive and efficient collaboration.
Frequently asked questions about Vendor Management
Add vendors swiftly by entering their GST numbers for a hassle-free onboarding process.
Easily add a beneficiary by uploading a cheque, ensuring secure and efficient transactions.
Simply upload a visiting card to seamlessly add and manage POC details for comprehensive vendor profiles.
Choose the right vendor from quotation responses using an automated smart selection matrix, with the flexibility to dynamically adjust weightages for different selection parameters.
Post, adjust, and settle payments effortlessly with embedded banking, ensuring auto-reconciliation and accurate accounting.