b-pack, the leader in purchase-to-pay technology, today announced its Vendor Management solution is adding new features concerning their Vendor Registration process. This solution, available in the Cloud or On Premise, helps companies to optimize their Risk Management thanks to innovative features such as Self-Service Supplier Registration, Customizable Registration Form and Purchase-to-Pay integration.
Online PR News – 24-January-2012 – – B-pack Vendor Management has added new capabilities to its Vendor Registration contributing to a complete vision by facilitating the integration with the entire purchase-to-pay process. b-pack ‘s current vendor registration capacities enhance collaboration, allowing companies to meet their full potential.
Self-Service Supplier Registration: This feature streamlines the new vendor registration process and creates automatic updates. b-pack also allows companies to accept any supplier registration requests. Suppliers can register themselves online by providing primary details and authenticate the registration via a simple email confirmation. Once the buyer approves the registration, the supplier is able to participate to bids and will have direct access to all sourcing events and market opportunities.
Customizable registration form by supplier type: b-pack Vendor Management captures information about company, contacts, product and service capabilities, as well as geographic coverage and other key information needed. Registration forms are customizable in order to receive relevant details for each type of businesses.
Reduced Processing Costs Through Automation: All Request For Quotes are send to suppliers within the software. All vendors looking forward to competing for contracting opportunities must pre-register on the client’s portal by filling all the required fields. b-pack provides a secure environment in order to minimize risk. b-pack automatically normalizes and centralizes all data entered by the suppliers in order to reduce the processing cost.
Simplified Selection Process: b-pack enables companies to simplify complex sourcing practices. In order to select the right supplier, the clients can review the RFQ, allowing the company to complete their selections based on accurate and detailed information. After the company makes its choice, the bid winner will automatically receive an electronic notification which will lead to its registration as a preferred vendor.
Centralized Vendor Management: Companies have access to a searchable, centralized database of certified supplier information available from anywhere thanks to its mobile capability. b-pack increases the efficiency and effectiveness of Vendor Management by enabling organizations to manage both pre-registered and registered vendors.
Consolidate Long-term Relationships: By promoting collaboration and giving the opportunity to keep track of all the sourcing events and market opportunities, b-pack provides an easy way to create strong relationships with your preferred vendors.
b-pack, the leader in Purchase-to-Pay technology, is ranked as a Top 5 eProcurement Vendor by Gartner Research in 3 categories. b-pack enables companies to automate, optimize and save on their purchase-to-pay processes. b-pack’s Saas Cloud solutions are flexible, customizable on demand and easy to integrate with your ERP or any system. With offices in North America and Europe, b-pack has global reach to meet companies management needs. For more information please visit http://www.b-pack.com or call 404.602.0102.