Vendor Management Solution
A comprehensive solution to manage all vendor related activities across the entire procurement process while ensuring improved efficiency and long-term growth in a cost-effective manner.
Vendor Management solution helps organisations to find new potential vendors, source and obtain price information, develop partnerships and manage relationships with strategic vendors, reduce potential risks related to vendors, and derive value from vendors in the long-run.
C1’s Vendor Management is an end-to-end solution for managing vendor information, evaluating performance and nurturing relationships. From an intuitive and easy-to-use vendor portal, your vendors can access and update their profiles, respond to surveys and questionnaires, and provide you with the information you need to assess suitability and performance.
Along with a data center for detailed vendor information, it delivers full vendor performance management and auditing capabilities. From vendor on-boarding process to vendor relationship management, you can get 360-degree visibility into activity, performance and risk related to vendor.
Key Benefits
Increase Vendor data quality and accuracy
Easier collaboration at each step of the procurement process
Improved compliance with your policy
Less time for onboarding
Performance evaluation and risk assessment
Key Features of Vendor Management Solution
- Use automated flexible questionnaires and workflows to onboard and qualify new Vendors
- Collect strategic and transactional information; store it in one single place
- Manage and follow performance evaluations, improvements plans, and incidents with built-in workflows
- Share Vendor knowledge and assessments with the procurement community and Vendors
- Collaborate with Vendors at any stage of the procurement process
- Get an overview of Vendor relationships and classify them
Get in Touch
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