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
- 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