With VENDOR-ONE, the need for an all-in-one "vendor management" software solution gets fulfilled in the renewable energy industry. It helps businesses reimagine the concept of onboarding and managing vendors and, as a digital solution, VENDOR-ONE radicalizes the interaction and transaction with vendors, suppliers, landlords, and service contractors. Similarly, it allows businesses can develop a consistent and well-regulated approach to vendor assessment, selection, and collaboration using the solution.
With exceptional quality, it manages contracts and insurance and stores related documentation and other vital information in a centralized location. Precisely, VENDOR-ONE helps energy businesses achieve better decision-making capabilities and save time.
The solution enables businesses to set up and issue multiple surveys by defining different business rules. It also allows vendors to fill in the required forms, without logging in to the application.
It enables users to create predefined templates to be sent out as digital forms to vendors triggered by instances, i.e., survey responses, and capture additional data in the forms.
THIRD-PARTY SYSTEMS INTEGRATION
It can be easily integrated with any third-party systems such as supply chain and risk management platforms, ERP, and other systems.
It adopts the best practice of digital transaction management to create, e-sign, and exchange documents. It also enables a set of milestones and defined business rules for vendor documentation and quality control.