Supplier360 addresses the challenges of supplier management by bringing all supplier-related data into a single, accessible location. It eliminates the issues of fragmented information, difficult collaboration, and unforeseen risks that can lead to delays, errors, and unnecessary costs. The platform offers real-time insights into supplier performance, simplifies reporting, and provides control over processes, enabling users to work more efficiently and build stronger, more sustainable supplier relationships. Supplier360 automatically collects data from various sources, including third parties, web crawlers, and crowdsourcing, ensuring that the information is always up-to-date. By providing a comprehensive view of supplier information, Supplier360 reduces the time and effort spent on data retrieval and input, leading to significant cost savings. The platform facilitates proactive risk mitigation by continuously monitoring supplier creditworthiness and other risk factors, providing immediate notifications of any deviations. It also simplifies the measurement and analysis of supplier performance, enabling users to identify trends and areas for improvement, fostering more focused discussions and stronger collaborations.

Features & Benefits

• Central Supplier Database
  • Manages all supplier information in one place, eliminating the need for spreadsheets and outdated files.
• Reduced Risk
  • Continuously monitors supplier creditworthiness and risk factors, providing immediate notifications of deviations.
• Insight into Supplier Performance
  • Measures and analyzes supplier performance, identifying trends and areas for improvement.
• Compiled Database from Multiple Sources
  • Creates a single database built from multiple sources with supplier data.
• Smoother Interaction via Supplier Portal
  • Enables actions with suppliers and shares insights via a Supplier Portal.