Supplier management

Fully automated creation of new suppliers and updates of supplier info.

Challenge

Supplier management is vital to an organization. Maintaining accurate and relevant supplier information as well as conducting supplier due diligence can be time consuming and error prone.​

The supplier contracts must be at the fingertips and have to be renewed timely.

Solution

  1. Creation of new suppliers and updates of supplier info can be fully automated.
  2. Supplier contracts can be stored in a Document Management System allowing easy access to the necessary information.​
  3. The bot can remind about upcoming renewals and prepare drafts of contracts.​

Outcome

  • Time saved by automation of repetitive tasks can be used to strengthen suppliers​ relationships.
  • Easy access to supplier data makes it possible to analyse conditions and generate insights.
  • Visibility of contract information and notifications make contract renewals efortless​.

Solution information

Department

Procurement

Process

Supplier updates

Application

Management systems

Compatibility

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