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.
Gain insight and measure supplier performance

Central supplier database
Mitigate risks by understanding creditworthiness

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.
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.

“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
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