Running a Procurement Plan
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Tailor your Procurement Approach
A full set of individual subprocesses is built in the system, which can be toggled on or off for any procurement process. The default list of procurement processes is as f...
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Supplier Discovery
The supplier discovery functionality is an integration between Procurement Planning and Go To Market modules that allows users to: Discover suppliers that you can access i...
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Initial Assessment
Early on in the procurement process, an assessment can be conducted that can be setup to guide the procurement officer. Here is a snapshot of the kinds of questions: Co...
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Custom Checklist
Each procurement process can have a custom checklist applied. The purpose of the custom checklist is to ensure that specific tasks happen during each stage of the procurem...
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Simple Timeline Builder
By specifying a single target date you can generate a timeline based on business rules. Organisations will typically have a standard period between specific milestones. By...
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Procurement Planning to Go to Market Integration
VendorPanel supports Go to Market as a follow-on to the planning process. When preparing the data to send across to the Go to Market phase, the system is transparent about...
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Documentation Requirements
When working through the procurement, there is a central documents hub for easy access to key documents. Beyond the required documents, this feature also supports pluggin...
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Evaluation Criteria
In Procurement Planning, you can plan out the evaluation process that may follow. Note that this functionality is only applicable if the Advanced Evaluations module is pre...