Streamlined Vendor Management Process with Axonator

1. Integrated Vendor Management Process With Axonator Axonator offers a highly effective vendor management process through its various apps and software that help in controlling procurement costs, risk management, maintaining consistent quality of goods and services procured and increase value in the entire vendor management process.

2. Centralized Vendor Information Repository Axonator helps companies to maintain an updated and a well categorized vendor information repository which helps you get all info related to vendors easily and saves your time and efforts. A centralized vendor information repository is also helpful in cross-vendor comparison, vendor evaluation, contract management, saving procurement costs and much more.

3. Streamlined Vendor Selection Process Axonator helps you create a vendor self-service portal through which they can upload and register all the required info based on which you can evaluate and determine the selection of competent and reliable vendors. A vendor self-service process is greatly beneficial for vendors as well, opens up opportunities for a large pool of vendors and streamlines invoicing, billing and compliant resolutions.

4. Facility For Approving/Rejecting Vendor Info You can easily approve or reject information uploaded by vendors in the self-service portal. Vendors are notified if they need to submit additional or revised information and they can view the related remarks on the registration portal. Also, only the fields for which information needs to be submitted again are visible in case the vendor has to give revised info in the registration form.

5. Due Diligence In Vendor Selection You need to conduct a detailed vendor assessment and follow all the necessary due diligence procedures before finalizing any vendor. Axonator software helps you to select the best and most competent vendors that not only are cost-effective, but also possess the necessary technical competence, financial stability and market recognition for ensuring quality services.

6. Enhanced Risk Mitigation and Monitoring Managing vendor related risks, their identification and mitigation form an important element of a vendor management process. Axonator software helps companies to collect the necessary data and collate it for implementing a robust risk management procedure through better monitoring and evaluation for improved business outcomes.

7. Systematic Vendor Management Process With Axonator Implement a systematic and structured vendor management process with Axonator software. With a centralized vendor information repository, systematic vendor registration and selection process, robust vendor performance management and monitoring through our apps, you ensure a highly effective vendor management process.

8. Talk to Our Mobile Technology Consultant Now! Schedule a demo to discuss your manual process challenges. Our expert team will assist you and help to build an exact app for you using drag and drop! www.axonator.com | support@axonator.com