<img src="https://secure.leadforensics.com/51974.png" style="display:none;">

Manage your supplier relationships more effectively with Vendor Management

Supplier management is often challenging. Information is fragmented, communication is difficult and risks are hard to manage. With Vendor Management from ISPnext, you can change this. Our platform collects all relevant supplier information in one central location, from contracts and expenses to performance and risk profiles. This gives you an overview, allows you to work smarter and take well-considered decisions faster.

communiceren

Gain insight and measure supplier performance

Icon_Inzicht uitgaven_paars

Central supplier database

hogere-compliance-dankzij-risicobeheersing

Mitigate risks by understanding creditworthiness

vendor-management-HQ

Vendor Management within the Source-to-Pay process 

Vendor Management plays a key role within the Source-to-Pay process. It helps you reduce costs, streamline processes and control risks. With integrations, you easily link to your ERP system, making your business operations immediately more efficient. Curious about the possibilities? We are happy to schedule a demo with you.

Schedule a demo

Benefits of Vendor Management

Better contact with your suppliers

Better contact with your suppliers With the Supplier Portal, you keep your supplier data up-to-date. Requesting information, such as contact details or certificates, is easy and makes cooperation much smoother.

Insight into expenditure and performance

Vendor Management gives you control over what you spend per vendor. You link spending to contracts and risk profiles, and assess performance via Vendor Rating. This is how you optimise your supply chain and exploit opportunities for bonus discounts.

Greater control over compliance and risk

You classify suppliers by impact and closely monitor risks with internal questionnaires. This allows you to anticipate potential bottlenecks faster and better.

Maarten-de-Ru
“With Vendor Management, you always have an up-to-date overview of your supplier relationships, allowing you to move faster."

- Maarten de Ru, Director Operations | ISPnext

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.

Mockup_Preview_Vendor Management in 5 stappen (ENG)
Oplossingen - Procurement - Next Q&A - Header

FAQ
Did you know this?

Is you question not answered? Get in contact

faq-HQ

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.

Read more about BSM

AP Automation

 Less administrative work to digitize, match and approve? Realize significant cost savings for invoice processing with our solution AP Automation.

Read more about AP Automation

Dynamic Discounting

By paying invoices faster, you can arrange attractive discounts with your suppliers. The Dynamic Discounting process helps you do this, is digital and prevents manual operations. This results in considerable savings and improves your organisation's cash flow.

Read more about Dynamic Discounting

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. 

Read more about Vendor Management

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.  

Read more about Contract Management

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.   

Read more about Procurement

Sourcing

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.

Read more about Sourcing

Spend Analytics

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. 

Read more about Spend Analytics

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.

Read more about Supplier360

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.

Read more about BSM

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.

Read more about Rebate Management