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software for vendor management

Simplified Onboarding Process

Simplified Onboarding Process

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Simplify and digitize the vendor onboarding
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Define mandatory onboarding documents for your company and attach the same
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Real-time screening and approval of new vendors via vendor system
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Automated notifications to required parties on successful vendor onboarding
vendor management software

Digitized Vendor Management Tool

Digitized Vendor Management Tool

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Manage vendor agreements easily
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Live tracking of vendor performance, based on-time delivery, rejections, short/excess quantities etc.
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Set and track various milestones for the vendor
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Track various tasks assigned for the vendor
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Blacklist vendor from company in a single click
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Block payments for the vendor easily
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Eliminate vendor empanelment of the blacklisted vendors
vendor management system

Advanced Assistance

Advanced Assistance

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Significantly reduces the vendor go-live time
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Eliminate data processing time and cost through vendor login
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Highlights the economical vendors and reduces overall procurement cost
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Automated reminder when the agreement is due for a renewal
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Restrict vendors to specific department/cost centre
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Map products/services to the vendor along with their pre-negotiated price if any
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Auto integrate the Vendor Management Software with TYASuite P2P and ERP platforms
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Manage multi-locations/multi-GST of the same vendor in a single window
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Maintain complete audit trail
vendor invoice management

Control Procurement Cost

Control Procurement Cost

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Manage vendor level product pricing
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Set the price validity
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Access control for vendor price management
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Set approval for vendor price updation
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History of past prices
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Select preferred vendor
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Automate purchase order to preferred vendor
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Restrict vendor PO to pre-agreed price
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Review past procurement price before raising PO
vendor management tool

Quotation Management

Quotation Management

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Send quotation request
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Release RFI (Request for Information)
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Release RFQ (Request for Proposal)
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Seamless submission of RFI/RFQ by vendors through Vendor Management Software
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Manage RFQ response
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Restrict timings of bid-opening
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End to end bid management software
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Award contract/release PO

Vendor Management Flow

vendor management software for small business

Vendor Management Software Awards

corzdesk quality choice award
corzdesk trusted vendor award
corzdesk happiest users award

Frequently Asked Questions

  • What is vendor management?

    Vendor management is a process helping organization onboard vendors and manage the suppliers. As vendors have an important role to play, it becomes very important to track their activities. To make the process smooth organizations look for vendor management software that can help them to select the right vendors as well as fulfill the demands as per the expectation.
  • What is supplier portal?

    A supplier portal is a type of vendor portal helping companies to manage and connect with 3rd party suppliers who are supplying and managing services as per the demand of consumers.
  • How to choose an ERP vendor?

    For choosing ERP vendor management, there are certain array of functions that is need to be taken care of:
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    Financial management
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    Human resources
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    Purchasing
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    Inventory management
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    Supply chain management
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    Customer relationships
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    Business intelligence
  • What does TYASuite vendor management system do?

    TYASuite vendor management software helps you simplify the business process and provide a digital platform to all the vendors. The vendors can easily upload documents and the team members can track their activities in real-time. TYASuite vendor management software helps to reduce onboard timing for vendors.
  • How long does it take to implement vendor software?

    The implementation time depends on the kind of business vendor software is being implemented. TYASuite plug and play vendor management system takes 7 days to go live thereby granting the fastest deployment time to the clients along with seamless integration.
  • What is the cost of supplier management software?

    The implementation cost of supplier management software completely depends on the service providers. Apart from the kind of business it has been implemented for, the cost is also directly proportional to the complexities.