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Agenda:
Introduction
Key features
Advantages/Information to supplier
Key Processes
PO: Acknowledgement
PO:Request for Changes by Supplier
PO: Advance Shipment Notice
PO: Invoice Info
Sourcing Portal
Q&A
Introduction:
Enables secure, self-service business
transactions between company and their
suppliers.
Suppliers receives immediate notifications
and responds to events in purchasing.
Enables Suppliers to search, monitor,
revise and review.
Information transparency across the
procure-to-pay cycle.
Key Features:
Advantages:
iSupplier Portal provides a platform for
effective communication between Suppliers
and Buyers
The Portal improves communication and
change management with the suppliers
The portal reduces procurement time and
procurement costs
With the help of the portal, Suppliers can
search, view, and respond to business
transactions on real time basis.
Information to Supplier:
What information iSupplier provides
to Suppliers:
Purchase Orders
Invoice and Payment status
Payment Information
Notifications from/to buyers
View and Respond to Requests For
Quotations (RFQs)
Sourcing Portal:
Post Requests for Quotations (RFQs)
View Requests for Quotations
Acknowledge and Award Quotes from
Suppliers
Key Processes:
iSupplier Portal:
PO: Acknowledgement
PO:Request for Changes by Supplier
PO: Advance Shipment Notice
PO: Invoice Info
Sourcing Portal:
Creation and awarding of RFQs
PO: Acknowledgement:
Buyer creates PO against Supplier with
Acknowledgement Option.
Supplier receives a notification on the PO.
Supplier can accept or reject the PO or PO
Shipments.
Buyer gets a notification on the supplier action.
The supplier acceptance is recorded on the PO.
The process improves communication between
buying company and supplier and records
suppliers commitment which helps for better
planning.
Sourcing Portal:
Buyers can request for quotations
using the Sourcing Portal.
Suppliers receive notification once
they are invited.
Suppliers submit the quote with
requested information and pricing
details.
Buyers can later analyze the
received quotes and award the
suitable ones.
Q&A
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