Vendor management,
streamlined.

Vendor management software is a cloud-based solution that assists businesses in all aspects of the vendor management process, including communications and payroll management for vendors, contractors, and freelancers. This type of vendor management system integrates with procurement to deliver optimized spending to improve supplier relationships while hedging third-party risk along the way. Vendor management involves multiple steps of attracting and nurturing vendor relationships so it is important to centralize the processes in one software solution that serves as the source of truth. This management platform provides a centralized space for finding, engaging with, and managing an organization’s external workforce with automated workflows, onboarding processes, automated spreadsheets, and compliance management across the supply chain. 

Vendor management software allows organizations to improve communication with suppliers and easily review and negotiate contracts from one central location — with real-time visibility. Future-proof your business with lower costs, increased efficiency, and a higher level of functionality, transparency, and risk management throughout the lifecycle of your vendor relationships with service providers. This vendor management solutions delivers automatic approval processes that eliminate the need for the manual data entry of vendor information and supplier data, saving time and money across your sourcing, onboarding, and associated procurement business needs.