Vendor Management
On-boarding, Auctions, Payments, Evaluation and Rewards
30+ Years Of Experience
350+ Successful Product Installations
2M+ Assets Managed
500+ Global Clientele
Benefits
Convenience
Interact with stakeholders and partners in one centralized location. Store all correspondences for easy retrieval & streamlined communication.
Collaboration
Experience real-time communication and prompt delivery of requests to stakeholders. Access information about vendors and their proposals, enabling quick turnaround times.
Onboard The Best
Our vendor onboarding process thoroughly evaluates partners based on strengths and compliance adherence, ensuring only the best partners are onboarded.
Partner Delight
Our ongoing evaluation mechanism rewards high-performing partners, leading to both their satisfaction and an improvement in the overall quality of service.
Functions of TRAXX Vendor Portal
Empanelment Request
Vendors can submit empanelment requests, providing basic credentials. Evaluations will be conducted, and temporary logins will be provided to access p2r for uploading compliance documents.
Evaluation Process
A dedicated approval team will scrutinize vendor-uploaded documents. The approval process can be customized to align with different organizational approval policies.
Vendor Approval
Recommended vendors will undergo stakeholder approvals. Once approved by multiple stakeholders, the vendor will receive a welcome email with a link and credentials to access the vendor portal.
Purchase Order Issuance
All vendor interactions can be managed through the vendor portal. Vendors can receive RFQs, submit proposals, participate in auctions, and receive purchase orders. Invoices with GRN or SRN can be submitted with payment tracking.
Goods & Services Delivery
Vendors can deliver goods and services while uploading relevant documents for recipients to review and approve.
Invoice Upload
Vendors can upload approved invoices for goods and service deliveries into the p2r system. The accounts team will process and make payments accordingly.
Payment Tracking
Both vendors and accounts teams can monitor pending invoices. Vendors can interact with the accounts team and vice versa regarding payment-related matters.
Service Evaluation
Goods and service recipients, along with designated stakeholders, can evaluate and provide feedback on vendor services. This feedback can be utilized for vendor assessment and improvement.
p2r -
Streamlined Procurement at Your Fingertips
p2r is a user-friendly and highly customizable browser-based enterprise procurement platform. Leveraging advanced web technologies, p2r ensures reliability, stability, and security.
Accessible from anywhere through a browser and the cloud, p2r simplifies and enhances the procurement process for organizations.
