Quickly Transition Your Team To Remote

Our configurable solutions can be rapidly implemented to equip your workers with the tools they need to process transactions and manage vendors from any location.

 
 

Blog

Automating Vendor Management

Vendor Management covers many different areas of how companies identify, onboard, and transact with vendors and suppliers who supply goods and services to their organization in exchange for payment. The processes involved in managing these vendor centric activities can vary greatly by industry, company, and even departments within a company. Companies that rely heavily on […]

Read Full

Vendor Management – Think Strategically

October 7, 2021

For many companies vendor management is treated as just another back-office function to be administered by procurement and accounts payable.  But are those companies putting their organizations at risk, or at very least missing out on opportunities for more efficient supply chains by not taking a more strategic view of vendor management?  For organizations in […]

Read Full

Vendor Diversity Tracking & Compliance

More and more companies are tracking their companies “diverse” vendor population and reporting on purchase percentages and total spend dollars with these diverse vendors. Many companies have redoubled their efforts, or started new initiatives, to insure their organizations have diversity within their vendor and supplier populations. In fact, many large corporations now have a Chief […]

Read Full

Best-of-Breed is Back!

June 10, 2021

Lately one trend seems to be a swing back to companies looking at “best-of-breed’ solutions to address a myriad of business issues. This seems to be reversing a cycle where many CIOs were choosing to go with ubiquitous ERP systems to address most of their business processes.

Read Full

Vendor Portals: Choices, Choices, Choices!

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 […]

Read Full

Vendor Packet

Back Office Word of the Week 10/21/19 A vendor packet is a collection of forms and documents that a buyer sends to a potential new vendor in order to start a relationship. The packet includes all the necessary information needed to set up a new vendor for payment and compliance. Vendor packets can be relatively […]

Read Full

Supplier Onboarding

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 […]

Read Full