SutiSRM optimizes every step of the supplier management process - from sourcing & onboarding vendors to making timely payments. Our solution helps build good relationships between vendors and buyers by ensuring transparency over purchase and sales order processes.
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SutiSRM provides vendors with a single point of access to view RFQs, purchase orders, GRNs, invoices, and more. The solution facilitates collaboration between vendors and buyers and enables them to track POs and invoices easily through the portal.
The self-registration feature enables suppliers to register themselves by entering key information for profile creation. Vendors can update their data anytime to maintain accuracy, ensuring a seamless procurement process.
The self-service dashboard provides vendors the liberty they need to view and update their information regularly and empowers them to perform various tasks, such as creating and submitting invoices and responding to RFQs electronically through the portal.
Request, validate and approve the suppllier’s registration information in a collaborative digital environment. You can also configure an automated workflow to streamline the vendor registration and onboarding process.
Create and send contracts to suppliers and monitor compliance in real-time to ensure your contractual terms are met at every stage of the purchasing cycle.
Easily set-up multi-level approval workflows by Vendors, budgets, and products. POs and invoices will be automatically routed to approvers and reminders are sent to managers for timely approvals.
Suppliers can view and access the details of purchase orders (POs), such as quantity, price, payment terms, taxes, and more. Vendors can also send acknowledgments as acceptance for POs.
Vendors can quickly generate shipment notes with logistics details, including shipment date and time, identification number, freight information, purchase order number, and quantities.
Effective communication is the key for successful buyer and supplier relationships. SRM solution facilitates buyer/supplier collaboration by enabling you to track every communication including shipment/delivery details.
Advanced search capabilities throughout the solution to easily identify and retrieve information.
Suppliers can quickly turn POs into invoices and track invoice processing and payments effectively.
Gone are the days when organizations had to treat vendors or suppliers as ones who had to be squeezed for discounts or favorable deals, with both sides leaving the negotiations disappointed.
Supplier relationship management plays a crucial role in any organization. It is a continuous process that starts with sourcing the materials that businesses utilize to maintain sustainable relationships with vendors.