Features

Call for Tender and Blanket Orders

Call for Tender and Blanket Orders

Vendor Portal

Vendor Portal

Clear Communication

Clear Communication

Integrated with other Odoo ERP Software

Integrated with other Odoo ERP Software

Vendor Onboarding

Vendor Onboarding

The process of gathering essential information and supporting papers is essential for the firm to identify partners for procurement. Bank account details, tax documents, and relevant industry licenses are just a few of the items needed to make payments and conduct audits to get one or more vendors on board and move the partnership ahead.

Contract Management

Contract Management

Having centralized data is one of the benefits of using this platform. For the whole organization, all contracts, information, and associated papers are available from a single location. This makes it easy to keep track of contracts and make more informed judgments.

Quotation Management

Quotation Management

The procedure begins with a list that can be considered appropriate for the company. Then, using e-sourcing technologies like Requests for Quotation (RFQs) and Requests for Proposals, quotations are sought (RFPs). Though Pricing will be a decisive element, the organization may also assess potential.

On-Time Payments

On-Time Payments

Maintaining strong working relationships requires timely payments. Following contract payment conditions and ensuring that bills are paid on time will help gain trust and confidence, allowing them to continue providing services. It gives vendors the confidence to continue the association with any business for the long term.

Meet the Expert

FAQ

1How long would it take to get a VMS in place?

It won’t take more than a week for a simple process.

2What is the maximum number of suppliers that the VMS can handle?

Limitless.

3I have an internal team in charge of vendor management. Do we still need this ERP software?

Yes. By automation the system, you can escape human errors, and save cost and time.

4Is it necessary for me to add all of my suppliers in a VMS, or can I pick and choose which ones I want to be managed?

Totally your choice.

5What are the prerequisites for getting started?