One stop shop for your suppliers
July 19, 2022

One stop shop for your suppliers

Pratik Shah | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Expenzing Supplier Portal

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.
  • 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
  • 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
  • Supplier Profile Management
  • PO Collaboration
  • Invoicing
  • Increased spend under management
  • More # of suppliers transacting electronically
  • Reduced invoices in exceptions
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.

Do you think Expenzing Supplier Portal delivers good value for the price?

Yes

Are you happy with Expenzing Supplier Portal's feature set?

No

Did Expenzing Supplier Portal live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Expenzing Supplier Portal go as expected?

I wasn't involved with the implementation phase

Would you buy Expenzing Supplier Portal again?

No

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