Vendor Management Software

Our vendor management software is designed and developed by a team of business and risk management professionals to help you with both the workflow/business processes of third parties as well as address various aspects of TPRM. It acts as a central repository of all third party relationships, is an end to end Procure to Pay workflow tool and enables robust data analytics and visualization capabilities to implement TPRM.We have team of experts in US, Canada and India for developing third party / vendor management software’s worldwide

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tags: Best Third party Risk management | vendor Risk AssesmentSoftwares

Third Party/Vendor Management Software

TPMS- Third Party/Vendor Management Software is exclusively made to handle Vendors or Third Party’s journey with an organization. It brings ease of doing business by enlisting vendors into the digital platform with complete KYC, Releasing RFP & RFQ, digitalizing contract, releasing bills, invoices and managing payments.

Mandatory uploading of related documents at different stages and real-time verification and approval ensures fast pace of the project execution and reduces procurement time and stops any possible leakage

Our technology brings together the following business processes

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Simplified Vendor/Third Party Registration Process

  • Easy and digital the vendor on-boarding
  • Ensures mandatory on-boarding documents are uploaded
  • Real-Time screening and approval at company-end
  • Automated notifications and mails to all stakeholders on successful vendor on-boarding
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Online Vendor Management

E-platform Tech develops the Best Online Vendor Management System 2021 in India , US and Canada which

  • Serves as comprehensive repository for vendor agreement and contracts
  • Live tracking of vendor performance, based on-time delivery, rejections, supply quantity etc.
  • Set and track various milestones for the vendor
  • Track various tasks assigned for the vendor
  • Blacklist vendor the company in a single click
  • Block payments for the vendor easily
  • Eliminate vendor empanelment of the blacklisted vendors
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Improved Support

Vendor performance management software gives strong support to business in Canada , US and India as

  • Significantly reduces the vendor go-live time
  • Eliminate data processing time and cost through Vendor Login
  • Highlights the economical vendors and reduces overall procurement cost
  • Automated reminder when the agreement is due for a renewal
  • Restrict vendors to specific department/cost centre
  • Map products/services to the vendor along with their pre-negotiated price if any
  • Manage multi-locations/multi-GST of the same vendor in a single window
  • Maintain complete audit trail
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Quotation Management

Best Quotation Management Software for Business 2021

  • Send Quotation request
  • Release RFI (Request for Information)
  • Release RFQ (Request for Proposal)
  • Seamless Submission of RFI/RFQ by vendors through Vendor Management Software
  • Manage RFQ Response
  • Restrict Timings of Bid-opening
  • End to end Bid Management Software
  • Award Contract/release PO
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Control Procurement Cost

Procurement Software Controls Procurementand Management Cost

  • Manage Vendor Level Product pricing
  • Set the Price Validity
  • Manage Vendor Agreements
  • Access Control for Vendor Price Management
  • Set Approval for Vendor Price Updation
  • History of Past Prices
  • Select Preferred Vendor
  • Automate Purchase Order to Preferred Vendor
  • Restrict Vendor PO to pre-agreed price
  • Review Past procurement price before raising PO
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Online Invoicing

Online Invoice Software’s in US, Canada and India

  • Generate invoice, share and download it
  • Auto TDS deduction at the item level for Indian Companies
  • Automatic GST calculation for multiple products across various locations
  • Built-in option to add entries in accounting books
  • Automated debit note raising to a vendor based on 5 -way match
  • Built-in multi-layer approvals based on department, amounts etc.
  • Automated email intimations to approvers for approving the invoice
  • Option to capture company-specific data at the time of adding invoice
  • Option to raise queries on the invoice on the portal
  • Manage queries of the approvers through portal interface itself
  • Option to add pre-paid invoices
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Payment Ecosystem

Digital payment ecosystem software

  • Process payments to respective vendors worldwide.
  • through payment partners
  • Real-time notifications for outstanding payment
  • Simultaneous payment facility for multiple invoices with at one stroke
  • Withhold payments for any deductions
  • Process partial payments against invoices
  • Download bank payment files in the desired format
  • Option to upload payment processed file to update bank transaction numbers
  • Automated intimations to vendors for payments
  • Auto-deduction of volume discount and cash discount
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Integrate with existing software

Our Cloud-based business solutions make life a bit easier. For most of solutions we have Application Programming Interface (API) that has greater possibilities to integrate you’re your existing software

Custom data classifications

Implemented as part of a layered security strategy, it enables an enterprise to defend itself against a variety of threats – from aggressive outsiders to untrained or well-meaning insiders – while unlocking the full potential of its data to drive innovation and productivity.

Visual dashboards & reports

Allow you to view every deal, forecast, KPIs, pipeline forecasts at single dashboard in real-time. Now you can make smarter decisions as a team.

Measure change over Time

Robust analytics helps your organization measure changes in supplies, price, procurement time, payment disbursal and much more over a period of time. This helps take you wise and informed decisions

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Eplatformtech Pvt Ltd
Plot 58, Sector 44, Gurgaon, Haryana - 122003
(India)

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