A vendor is as important to the company as his client. Without him, the demand and supply gap would never have been bridged. A good vendor is practically an asset to your company. If the relationship between you and the vendor is positively strong, then the vendors do go out of their way to ensure you get the best that money can buy. But some of them just fail to deliver. One can only hope that your company does not deal with such vendors. You can't get lucky all the time. It also saves you a great deal of stress to know that you are doing business with a reliable vendor.
EnavPurchase ensures that you only get in touch with reliable vendors. It connects you to one of the largest trading communities where you can view, monitor and assess the profile and performance of the vendors. That way, you can mitigate risks and choose a vendor that best satisfies your requirements and your company policies.
Contracts bring a certain assurance that your business will proceed without a hitch. They are the building block of any business relationship. But maintaining and managing them is a nightmare. Ask us, we know. With a well managed contract system, you will be able to have better vendor-supplier relationships, reduce risks, and bank on all opportunities.
EnavPurchase's Contract Management feature is equipped with the ability to store, manage and retrieve contracts and purchase agreements with all the purchasers. You can standardise the whole process so your company's contract management team saves time and works more efficiently. It also pulls out all the existing contracts based on the product and supplier chosen.