Dealing with multiple vendors for different needs is not so easy, for this we have to leverage on a vendor management tool that helps drive more value out of vendor relationships. By installing this Vendor Management Software OEM companies can digitally maintain all contractors, contracts and manage the documentation associated with them to gain visibility & drive efficiency.
Upon shipment, Vendor can share ASN to buyers on the fly, with logistic details
Vendor can create invoice on uploading mandatory documents, and get to know if invoice is accounted / paid
Two-way communication between Buyer and Vendor is enabled for support, complaint, & escalations.
Off-the-shelf product matching a vast range of users with standardized requirements.
Customization can be provided to match typical business needs.
Spontaneous access to data Improves supplier collaboration and communication.