From supplier identification to contract, the powerful cloud and mobile platform unlocks the value of procurement, yet is designed for buyers and suppliers to pick up with ease. Transparency and control allow you to focus on best practice, efficiency, and risk - making procurement an enabler of business success.

Sourcing

  • From simple RFxs to complex tender evaluations, automation drives efficiency and compliance
  • All of your sourcing - from marketplace searches and tenders to preferred supplier lists - in one place
  • VendorPanel Mobile lets buyers post requests, review responses and select suppliers any time, anywhere

Supplier Discovery

  • One sourcing platform for preferred suppliers, shared external lists, public tenders, local and social impact supplier marketplaces
  • Securely share supplier lists within your organisation or with partners, to access new vendors and economies of scale
  • Access local businesses and certified social enterprises to deliver on CSR or local sourcing goals

Evaluation

  • Evaluation of supplier responses can be as simple or as structured as each sourcing event requires
  • Multiple evaluators can assess responses against set weighted criteria
  • Procurement has full visibility of buyers’ and evaluators’ actions, and a full audit trail of the decision-making process
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Supplier Management

  • Easily manage supplier prequalification and panels. Increase spend under contract and competitive bidding
  • Automate management of supplier compliance documents
  • Track supplier performance and build strategic vendor relationships based on buyer feedback

Contracts

  • Integration to VendorPanel Contracts or to your own Contract Management tool
  • Generate draft contracts with details of selected suppliers and their offers
  • See and manage all contracts in one place. Tasks and reminders mean you never miss a renewal

Reporting & Analytics

  • Deliver data-driven insights across all sourcing activity
  • Get beyond historic spend data with real-time procurement reports
  • Advanced analytics and visualisation drive informed business decisions
Read more about Security or learn how VendorPanel can help with Social Procurement or Local Economic Development.
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