One stop shop for your suppliers
Use Cases and Deployment Scope
One of the core challenges we faced was no platform in place to track supplier registration & monitor their periodic due-diligence. This portal helps us with supplier onboarding, supplier due-diligence, managing/tracking supplier profile details and allowing suppliers to acknowledge POs, create ASNs and invoices.
Pros
- It provides a self service portal where direct as well as indirect suppliers can update their profile, participate in contracts, submit PO acknowledgement and invoices
- Suppliers have complete visibility on their invoice status & payments
Cons
- Overall look & feel and usability of the portal
- Need to bring is some RPAs and bots in place to automate the invoicing process and make it a touchless processing
- Should have the ability to validate supplier profile details
Most Important Features
- Supplier Profile Management
- PO Collaboration
- Invoicing
Return on Investment
- Increased spend under management
- More # of suppliers transacting electronically
- Reduced invoices in exceptions
Alternatives Considered
SAP Ariba Procurement and GEP SMART
Other Software Used
SAP Ariba Procurement, GEP SMART
