Vendor Data Management using Vendor Master™

Vendor Master™ enables suppliers to update Buyer-specified data fields such as AR contact name, phone and email.  Other fields such as Company Address can be updated by the supplier and notifications can be sent to the Buyer.  A History section at the bottom of the Vendor file shows the Buyer all changes made to the specific vendor account.  In addition, Vendor Master Reconciliation Reports can be published and delivered to the Buyer for review and/or upload into the buyer's ERP system.

Features

• Secured Portal interface that enables vendor to update address and contact information
• Notifications can be delivered to the Buyer when changes are made
• All changes to the vendor account are stored and visible to the Buyer
• Periodic Reconciliation Reports can be automatically sent to the Buyer listing all vendor account changes

Benefits

• Contact and address updates by the supplier administrator
• Vendor Master data is current and real-time notifications can be sent when changes are made
• All modifications to the vendor data are recorded and tracked
• Periodic Reconciliation reports are made available to download into Buyer's ERP system