TYASuite Vendor Management

Digitalize your end-to-end vendor management with the TYASuite Vendor Management software. Strengthen your vendor relationship and guarantee optimum procurement and minimum lead-time with multi-level access controls and master vendor database management.

Video Overview

TYASuite Vendor Management Features

• Document management
• Vendor portal login
• Request for information (RFI)
• Request for Quotation (RFQ)
• Automated Quotation Comparison
• Auto Purchase Order dispatch to vendor
• Vendor Rate Card Mapping
• Multi-Location Vendor
• Real-Time screening

Onboarding Process

• Simplify and digitize the vendor onboarding
• Define mandatory onboarding documents for your company and attach the same

Digitized Vendor Management Tool

• Manage vendor agreements easily
• Live tracking of vendor performance, based on-time delivery, rejections, short/excess quantities etc.
• Set and track various milestones for the vendor
• Track various tasks assigned for the vendor

Advanced Assistance

• Significantly reduces the vendor go-live time
• Eliminate data processing time and cost through vendor login
• Highlights the economical vendors and reduces overall procurement cost
• Automated reminder when the agreement is due for a renewal
• Restrict vendors to specific department/cost center

Control Procurement Cost

• Manage vendor level product pricing
• Set the price validity
• Access control for vendor price management
• Set approval for vendor price updates
• History of past prices
• Select preferred vendor
• Automate purchase order to preferred vendor
• Restrict vendor PO to pre-agreed price
• Review past procurement price before raising PO

Quotation Management

• Send quotation request
• Release RFI (Request for Information)
• Release RFQ (Request for Proposal)
• Seamless submission of RFI/RFQ by vendors through Vendor Management Software
• Manage RFQ response
• Restrict timings of bid-opening
• End to end bid management software
• Award contract/release PO