Supplier Relationship Management
Comprehensive supplier management to get the best suppliers and manage risk. MySupplierNet™ is a comprehensive cloud solution that enables the management of your interaction and relationship with your suppliers. This will also make suppliers' common work process faster, cheaper, and better.
Consolidate supply chain
Reduce the number of suppliers based on purchasing history to streamline the purchasing process and make budgeting a far simpler task
Cost savings over the long term by cooperating in a mutually benefit relationship with suppliers
Save more time
Our basic profile supplier allows you to get supplier onboarded with basic and necessary information before you proceed to RFx
Improvement in operation
Understand your suppliers better and how they operate to know how they can provide to your needs effectively and avoid delays
Quickly get suppliers registered with you so that you can proceed with RFx. All you need to do is invite suppliers to self-register in your supplier portal. We also allow for on-behalf registration of suppliers. You can conveniently get the necessary information from suppliers online from the portal.
Manage risk through supplier approval process that includes all the necessary workflow for authorised users. This unified processing and approval are connected throughout Procurement so you can easily choose active and approved suppliers across other procurement modules.
Evaluate and monitor suppliers with pre-qualification and performance evaluation. The evaluation and scorecard can be set up for different category of suppliers to ensure their evaluation fit the product or services they are supplying. Easily see supplier information, performance tracking, engagement data and spending in a single platform.
Supplier risk and report
Get actionable insights and drill down reporting to get the best decision for your business. Understand how much you spend with each supplier and how efficient you are spending with the supplier. Monitor supplier risk through interactive reports and take early action to avoid future risk.
Commentary by world's leading IT analyst and industry leader
Strong supplier information management and supplier scorecard functionality.
Magic Quadrant for Strategic Sourcing Application Suites