Manage new and existing vendors better and more efficiently with a vendor portal.
The term Vendor Management refers to the efforts around maintaining a positive, efficient, and productive relationship with an organization's vendor partners including:
By centralizing all elements of vendor management in one system (sometimes referred to as a "VMS), organizations can streamline vendor communication and vendor processes, leading to better and more efficient vendor relationships. Whether or not you use vendor management services or handle vendor relations internally, the benefits of centrally-managed vendor management software are clear.
When using a centralized portal to manage vendors, organizations can handle the full scope of a vendor relationship in one place with complete visibility.
Vendor management should be part of your overall finance and operations strategy. Using tools like workflow automation and self-service portals can help execute this strategy by standardizing and automating not just vendor processes but all critical processes in the organization.
Integrify can help you centralize all your processes within a self-service portal that vendors and team members can access 24X7 from any device. Customize your portal to follow your organization's unique rules and practices and design automated process flows to handle everything from vendor management to capital expenditure approvals.
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