Managing vendors for onboarding, communication and collaboration
The solution is an integrated multi-tenant and multi-lingual vendor management system powered by SAP BTP which provides an efficient and secure way to engage and collaborate with vendors and works with RISE with SAP, S/4HANA, and SAP ERP.
Overview
Improve your vendor onboarding process
The solution provides an efficient way for onboarding new vendors or syncing your existing vendors from SAP ERP. Vendors can maintain their details and upload required documentation to the secure Document Store in the solution. Business rule validations improve the accuracy and reliability of data.
Maintain compliance with local and governmental regulations
The solution provides automated compliance and validity checks to ensure that all the mandatory documentation and certifications for the vendors are available up-to-date in the system and compliant with the regulations. Reminder emails are sent to vendors in case of any upcoming document expiry.
Increase efficiencies and reduce process lifecycles
Automated process steps, simplified approval processes, and timely notification emails and alerts means less effort and time spent across the sourcing and procurement processes. Automated SAP integration saves effort and ensures data integrity.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Retail, Consumer Products, Automotive, Chemicals
Compatibility
Works with
Features
Improve real time visibility and management of purchase orders
Real-time syncing of purchase orders from backend ERP. Alerts and email notifications of new purchase orders to the vendor. Facilitate and acknowledge receipt of PO by the vendor. The system provides the generation of delivery or invoice from the PO.
Faster delivery management
The system generates delivery documents from purchase orders thereby avoiding manual entries. Configuration flexibility for a split delivery. The system provides approvals workflow and the creation of an inbound delivery in SAP ERP.
Create invoices with reference to PO or delivery note
The system efficiently creates invoices from the automatic picking of data from PO or delivery notes. The system can handle invoices in PDF formats or scanned images. The necessary invoice information can be validated and posted in the ERP after the approval process.
Plans and pricing
All plans include:
Free Trial
Manual upload through Excel
Includes 5 Users For 30 DaysFree- Maximum contract 30 days
Manual upload through Excel
Includes 5 Users Small
Connector for SAP ERP or S/4HANA ERP system
Includes 10 Users Includes 1 Connector Includes 100 Managed vendors Per YearINR 200,000.00- + INR 300000.00 Set-up Fee
- Minimum contract 1 year
Connector for SAP ERP or S/4HANA ERP system
Includes 10 Users Includes 1 Connector Includes 100 Managed vendors Medium
Simple customization
Includes 20 Users Includes 500 Managed vendors Per YearINR 350,000.00- + INR 500000.00 Set-up Fee
- Minimum contract 1 year
Simple customization
Includes 20 Users Includes 500 Managed vendors Large
Complex customization
Includes 30 Users Includes 2000 Managed vendors Per YearINR 725,000.00- + INR 900000.00 Set-up Fee
- Minimum contract 1 year
Complex customization
Includes 30 Users Includes 2000 Managed vendors
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Enterprise Resource Planning |
| Industry | Cross-Industry, Retail, Consumer Products, Automotive, Chemicals |
| Works with |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Globalization |
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| Operations |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Compliance |
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| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Blog – Successful Vendor Relationship Management Using Simplified Tools
Product Page – Integrated Vendor Management Solution
Product Brief – OptiVMS One Pager with Key Features & Benefits
Publisher
Innoval Digital Solutions Pvt Ltd
We empower people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. Our applications and services enable customers to operate profitably, adapt continuously, and grow sustainably.
