Expenzing Supplier Portal vs. Impartner PRM

Well suited in scenarios where customer does not have any tool in place and wants to digitize the buyer as well as supplier experience. Especially helpful in scenarios where you need a common portal for all their suppliers Less appropriate in scenarios where customer is digitally matured and is looking for advance AI/ML capabilities

Incentivized

I have worked with many other PRM platforms. ImpartnerPRM is in the middle of the pack. There is still a lot of opportunity for making the platform more intuitive and automating some of the processes. However, it is better than some of the others that I have used in terms of there being better continuity between the PRM and marketing functions.

Incentivized

• It provides a self service portal where direct as well as indirect suppliers can update their profile, participate in contracts, submit PO acknowledgement and invoices
• Suppliers have complete visibility on their invoice status & payments

Incentivized

• Providing data in an easily digestible format.
• Intuitive workflow, really easy to learn in an afternoon.
• Cloud access feature allows for easy access on any device.

Incentivized

• Overall look & feel and usability of the portal
• Need to bring is some RPAs and bots in place to automate the invoicing process and make it a touchless processing
• Should have the ability to validate supplier profile details

Incentivized

• Training was very difficult to set up and maintain
• They show you this awesome demo environment and then you realize once you purchase the tool how much it takes to get that. At least one web designer, help from marketing, and at least a few months of dedicated work
• The most expensive tool we looked at

Incentivized

Expenzing Supplier Portal has a very lucrative pricing model and is essential for companies that are not completely matured in their digital procurement journey. Although I was not directly involved in the selection of this portal, what I really like about this tool is support provided to my suppliers and suppliers can complete all their sourcing and procurement activities from one single portal.

Incentivized

Salesforce was too expensive for us at the time and required too much customization and internal strain at the time. We ended up choosing Salesforce over Impartner later on once our channel business was more established and we had more resources internally. Impartner was more simple and easy to deploy than Salesforce, which is why we chose it when we had fewer resources

Incentivized

• Increased spend under management
• More # of suppliers transacting electronically
• Reduced invoices in exceptions

Incentivized

• I do think our lead to demo rate increased a significant percent
• We were able to communicate easily with over 1k partners that were hard to reach before

Incentivized