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What is Vendor Portal 2.0
The vendor portal 2.0 serves as an end-to-end communication channel for both the purchaser and the vendor. RFQs sent by the purchasers can be viewed directly from the portal, allowing vendors to check and manage their quotations easily.
Any changes made by the vendors such as vendor price and shipment date will be automatically updated in the purchaser's system.
Why Businesses Need Vendor Portal
Provide self-service option to customer
Communicate better with the vendor
Automated supplier onboarding
Keep track of the dynamic vendor changes
Key Features
- Vendors can manage and update multiple RFQs easily
- Vendors can directly set vendor price, shipment date, and comments from the portal
- Purchases will get notifications on any vendor changes
- Vendor changes will be updated automatically in the backend system
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