ICG’s vendor portal based vendor management solutions are comprehensive and bridge the gap between procurement, finance & accounts payable, and the vendors allowing you to communicate, collaborate and transact with ease. ICG’s supplier portal and vendor portal solutions cover a broad range of functionality to include:
- New vendor onboarding (supplier onboarding)
- Vendor diversity tracking and compliance
- Maintaining and updating vendor profiles and key information
- Automating the notification process for pending expirations – insurance, licenses, certifications, etc.
- PO dispatch and update of PO’s (and RFx’s)
- AP Automation and Workflow – portal based automation of accounts payable processes and workflows
- Data capture and document assembly – capture actionable data and organize documents for processing
- Payment inquiry – inquire 24×7 on status of payment
- Payment dispute – submit and track payment disputes
- Invoice submission – submit invoices and payment requests through the portal
- Dynamic discounting – set discounts for early payments from suppliers
- Spend analysis – analyze data collected to manage spend
Posted on December 10, 2018