Vendor management doesn’t need to be time consuming or secretive. With the Vendor Light portal, service providers can input their company and contact details, accrual estimates and invoices, and better communicate with finance organizations. Also included are tools for vendors to track what’s important to their business.
Effortless vendor management that provides transparency.
Vendors Input Information, Not Admins
Vendor management doesn’t need to be a manual process any longer. Admins simply send a request to vendors to sign up for the free Vendor Light portal where they can submit:
- All company and contact details
- W-9 and W-Ben forms
- Banking information for payments
- Monthly or quarterly accrual estimates
- Invoice details
All of this information is automatically stored in the Spend Management Platform, where invoice and accrual estimate details get automatically pushed to your ERP system.
Custom URLs for Requests
If a vendor chooses not to sign up for the full free version of the vendor portal, you still get the benefit of service providers doing data entry for your admins. Requests that don’t go through the portal trigger an email with a unique URL for that vendor to submit their accrual estimate or invoice. These URLs can stay open indefinitely to allow vendors to submit invoices consistently, directly into Accrualify.
To facilitate more transparency between purchasers and vendors, the Vendor Light portal allows vendors to see:
- Previous invoice and accrual submissions
- Current PO balances
- Status of pending invoice payments
- Prior communications with admins