Verification & approval
Managing supplier interactions manually can be costly and time-consuming, whether you’re capturing supplier details, answering queries, or conducting performance evaluation. The cold truth is you need world class technology to get it right.
Wemasoft Supplier Relationship Management software takes a complete lifecycle approach to managing suppliers, from initial registration, to ongoing performance assessment, integration with treasury Central Suppler Database (CSD), and more.
Wemasoft Supplier Management software assists in that it automates and transforms a comprehensive range of strategic supplier assurance processes – helping you reduce errors, mitigate supplier risks, reduce costs and improve profitability.
See The Improvements in Your Supplier Management
Save Your Money
Less personnel required to attend to supplier administration
Reduced rework and errors saves on cost of maintaining supplier database
A 360-Degree View Of Supplier Information
Lack of timely information can have huge impact on cost and sometimes its very hard to calculate the cost of wrong decision. Secure long-term retention for all supplier-related information and communication.
Reduce Vendor Fraud / Risk
By logging all changes and ensuring all profile edits are verified and approved by set personnel, you are sure of the authenticity of supplier database.
Increased Supplier Satisfaction
Rather than calling you when questions crop up, suppliers are empowered to access the information they need, when they need it, on their own.
Gain Procurement Insight Into Spend
On various supplier grouping such as preferred or BEEE suppliers – helping make strategic decision.
Inquiries that would need to have been conducted via time-consuming phone calls could be performed over the portal.