Supplier Information Management

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Manual supplier setup and data management processes represent not just a huge hidden cost for most organisations, but a key supply-chain risk factor too. web3 Supplier Information Management takes the process electronic and enables suppliers to self-serve everything from registration to account maintenance, with full audit, approvals, and seamless integration to back-office systems.

SUPPLIER INFORMATION MANAGEMENT BENEFITS AT A GLANCE

CUT COSTS AND ADMINISTRATIVE OVERHEAD

Empower suppliers to provide all the information you need via a self-service, online portal. Securely capture core account information and rich master data to create a detailed picture of supplier capabilities automatically.

AUTOMATE SUPPLY-CHAIN COMPLIANCE

Automated alerts ensure suppliers keep key metrics and documents up to date, prompting them for new certifications and accreditations as their current ones near expiry and putting non-compliant vendors on hold.

SUPERSIZE ALL YOUR SUPPLIER DATA

Create a hugely rich supplier data set including accreditations, risk metrics and capabilities. Capture whatever adds value to your supplier understanding through endlessly configurable forms.

A SINGLE, ACCURATE DATA SOURCE

Provides one master data set that feeds other systems automatically. web3 Supplier Information Management eliminates duplication, error and ensures that supplier data is always in sync across your business systems.

Wax Digital Feature Highllights

FEATURE
HIGHLIGHTS

Addressing challenges related to supplier information, compliance, performance and risk

Cleanse and enrich existing data
Upload your supply base into web3 and invite all your suppliers to login and complete missing information to create a complete supplier data set.

On-board new suppliers electronically
Point new suppliers to the intuitive web3 portal to register and provide all the information you need electronically – online and by attachment.

Tailored to your needs
Custom forms prompt suppliers to provide different data depending on their spend category while configurable approvals ensure new suppliers are authorised for trade by appropriate stakeholders in your business.

Seamlessly integrated
Approved supplier master data flows straight into the finance system to enable supplier payments, with easy integration into any back-office. Capture added value data and accreditations in web3, passing through just the core data to your finance system.

Proactively managed
Set configurable alerts to automatically trigger against any event and supplier, prompting suppliers to self-serve master data maintenance in a highly secure, fully audited environment with robust process controls.

Wax Digital Feature Highllights

FEATURE HIGHLIGHTS

Addressing challenges related to supplier information, compliance, performance and risk

Cleanse and enrich existing data
Upload your supply base into web3 and invite all your suppliers to login and complete missing information to create a complete supplier data set.

On-board new suppliers electronically
Point new suppliers to the intuitive web3 portal to register and provide all the information you need electronically – online and by attachment.

Tailored to your needs
Custom forms prompt suppliers to provide different data depending on their spend category while configurable approvals ensure new suppliers are authorised for trade by appropriate stakeholders in your business.

Seamlessly integrated
Approved supplier master data flows straight into the finance system to enable supplier payments, with easy integration into any back-office. Capture added value data and accreditations in web3, passing through just the core data to your finance system.

Proactively managed
Set configurable alerts to automatically trigger against any event and supplier, prompting suppliers to self-serve master data maintenance in a highly secure, fully audited environment with robust process controls.

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