What Is A Vendor Portal?
A vendor portal, also known as a supplier portal is an e-procurement solution that allows organizations to connect with and manage third party suppliers of goods and services. It is a secure management system that helps companies network with many suppliers to streamline their procurement process, across the entire supply chain.
This approach provides a number of benefits in addition to the opportunity to work with and communicate with your suppliers in a safe, secure, efficient online environment.
Typically, a supplier portal is a software-as-a-service (SaaS) that’s hosted, maintained, and supported by an ecommerce solutions provider. You as a seller have no need for any additional hardware or infrastructure for you to run the system.
It is also known as a supplier portal is an e-procurement solution that allows organizations to connect with and manage third party suppliers of goods and services. It is a secure management system that helps companies network with many suppliers to streamline their procurement process, across the entire supply chain.
This approach provides a number of benefits in addition to the opportunity to work with and communicate with your suppliers in a safe, secure, efficient online environment.
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