Significantly increase supplier engagement and bring down costs with the Velocious Supplier Portal
Most enterprises recognize that active and meaningful engagement with suppliers is key to success. Benefits include accelerated time to market, improved margins and reduced risks. Best in class organizations recognize that this is a highly collaborative relationship. They have supplier portals that include advanced functions including onboarding/self-registration, workflows and OCR functionalities. When information exchange takes place in a timely manner, this brings about significant improvement in supplier engagement.
With the Velocious Supplier Portal, enterprises could automate the engagement with their suppliers across the lifecycle, right from RFP/RFI issuance, to vendor registration, issuance of PO, receiving of electronic invoices, processing of invoices and intimation of payments. The solution combines the unique features of AI Chatbot, OCR and integrations with the Accounts Payable / ERP solution to deliver a differentiated experience.
Avaali Solutions to launch unique vendor portal
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