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Manage and optimise your supplier relationships with Vendor Management

Vendor management can be complex and time-consuming, with fragmented information, inefficient communication and risks that are difficult to manage. With Vendor Management, we solve this for you. Our platform centralises all vendor data, from contracts and spend to risk profiles and performance. This not only gives you a complete overview, but also enables you to work more efficiently, reduce risks and make strategic decisions.

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Control over supplier relationships

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Optimised procurement processes

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Understanding performance and risks

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Vendor Management within the Source-to-Pay process 

Vendor Management is an indispensable link within the Source-to-Pay process. It helps you reduce costs, optimise processes and manage risks effectively. With ISPnext's solutions, you easily integrate with your ERP system and immediately improve the efficiency of your operations. Find out what Vendor Management can do for your organisation and schedule a no-obligation consultation.

The benefits of Vendor Management

Effective communication with suppliers

With the Supplier Portal, you always keep supplier information up-to-date. Easily request data such as contact information and certificates and thus improve cooperation and efficiency.

Full insight into spending and performance

Met Vendor Management krijg je grip op uitgaven per leverancier. Koppel deze aan contracten en risicoprofielen. Gebruik Vendor Rating om leveranciersprestaties te beoordelen, bonuskortingen te beheren en de kwaliteit van je supply chain te optimaliseren.

Compliance and risk management

With Vendor Management, you get a grip on spending per supplier. Link these to contracts and risk profiles. Use Vendor Rating to assess supplier performance, manage bonus discounts and optimise the quality of your supply chain. 

Maarten-de-Ru
“Thanks to Vendor Management, you get a clear overview of your supplier relationships and can make faster decisions."

- Maarten de Ru, Director Operations | ISPnext

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Vendor Management in 5 steps

Want more control over supplier relationships, risks and performance? Download our white paper and find out how a structured Vendor Management process can help you increase efficiency, minimise risk and get value from your procurement relationships.

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Ready to get a grip on your supplier management?

With Vendor Management from ISPnext, you gain full control over your vendor relationships, optimise processes and minimise risks. 

Schedule a demo now and find out how we can strengthen your Source-to-Pay process.

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FAQ
Did you know this?

With Vendor Management, vendor managers gain full control of all vendor information through a powerful Vendor Management System (VMS). This provides vendor managers and Managed Service Providers (MSPs) with a centralised solution for efficient management.
With control over your organization's supplier management, you reduce your organization's risks. A single platform for supplier chain management gives you full control to maximize your supplier relationships.
You occasionally request supplier information, such as contact information, in bulk. In this way, you ensure periodic updates. You become a supplier manager, so to speak .
By assessing your suppliers you create immediate insights into the performance of the supplier in relation to the contract agreements. In this way you build together on an optimal supplier relationship management.

Is you question not answered? Get in contact

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Discover our solutions

Discover our Business Spend Management solutions by clicking on the diagram on the left. ISPnext instantly increases your organisation's financial impact.

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Vendor Management

Thanks to a central environment in Vendor Management, you quickly have insight into your supplier database. This includes expenses, contracts, risk profiles and supplier assessment. You have complete control to maximize vendor relationships. 

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Contract Management

With Contract Management, you manage the contract process from contract preparation to contract renewal or termination. Including approval and digital signing with your supplier.  

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Procurement

With our solution Procurement you automate the entire purchasing process. Automatically generate an ordered recommendation and place orders with preferred suppliers in linked online shops.   

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Managing the procurement process from procurement needs to signing the contract with our Sourcing solution. Find the best suppliers based on internal needs, project specifications and supplier details.

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One view of all spending with best practice dashboards in Spend Analytics. Thanks to up-to-date data, a spend analysis allows you to identify bottlenecks in time and take action. 

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Supplier360

Do you already have centralised information from all your suppliers? Supplier360's master data cloud provides a comprehensive overview of your supplier chain, compiled from multiple sources, giving you real-time data always available centrally.

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BSM

Build a sustainable business with Business Spend Management. Increase your financial impact right away by managing all your organization’s expenses and processes in one platform.

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Rebate Management

Want to receive your bonus agreements better, more efficiently and on time? With our solution Rebate Management you are able to manage and utilise bonus agreements more effectively.

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