As budget season approaches it may be time for your organization to take a look at cloud hosted solutions for portal based procure-to-pay processes. In addition to cloud hosted AP Automation, there are a number of other processes that lend themselves to automation and vendor self-service via vendor portals or supplier portals. Join ICG for […]
Vendor portals (supplier portals) can be a powerful tool in enabling vendor self-service in your organization from your procurement and purchasing operations to the accounts payable department. By leveraging the flexibility of a supplier or vendor portal, companies can automate non-value add processes and let vendors collaborate with your organization on-line, 24×7 from anywhere in […]
Getting it right from the start will pay big dividends in both money saved and securing your supply chains with a strong vendor community!
Vendor Portals, or Supplier Portals as some refer to them, have been around for many years but recently are rapidly becoming a must have technology for vendor management. From Procurement to Accounts Payable, a vendor portal provides an important platform for parties to communicate, collaborate, and transact 24×7 from anywhere in the world. In the […]
For many organizations obtaining and sharing critical supplier information between different functional areas can be a frustrating task. Siloed organizational structures, disparate systems that don’t communicate with each other and differing business objective are factors that contribute to this situation. In fact, other key areas that have a stake in supplier relations such as supply […]
In this new social distancing world, push non-value add tasks back to your vendors. Vendor self-service is hardly a new concept, it has been gaining traction steadily, especially with larger companies. Using the many procure-to-pay tools and systems in the marketplace companies can reduce costs and gain efficiencies by pushing non-value add activities out to […]
Today as cloud based applications are becoming more ubiquitous, AP automation, including many of the sophisticated technologies that were out of reach in the past, has become more affordable and available to many more companies.
ICG Consulting, a business process solutions leader in streamlining vendor and customer transactions and interactions through the development of full featured and highly configurable business process automation tools
A vendor portal (or supplier portal) refers to a portal that allows vendors to access and provide the buying company with necessary information in the form of documents or data as well as access documents and data provided by the buying company related to the transactions between the two organizations. Submitting invoices, tracking payments and […]
Back office Word of the Week 10-14-19 Supplier onboarding, or vendor onboarding, is the process of gathering the documents and data needed to set up a company as an approved vendor and to enable your organization to efficiently conduct business, purchase goods and services, and make payments to that company. A supplier onboarding or vendr […]