One stop shop for your suppliers
Rating: 7 out of 10
IncentivizedUse Cases and Deployment Scope
One of the core challenges we faced was no platform in place to track supplier registration & monitor their periodic due-diligence. This portal helps us with supplier onboarding, supplier due-diligence, managing/tracking supplier profile details and allowing suppliers to acknowledge POs, create ASNs and invoices.
Pros
- 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
Cons
- 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
Likelihood to Recommend
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