Make Better Decisions with Better Supplier Data
The transactional nature of ERP systems limits the ability of large enterprises to collect and manage the massive amounts of supplier data across business units, purchasing groups, banners and geographies. Often, suppliers have many touch points with complexity between centralized governance where localized needs are unavoidable. At PRGX, we understand that accurate supplier information is critical to all procurement and supply chain operations. We can help you more efficiently and effectively manage supplier information processes, reducing risk and costs.
Self Service Portal
A self-service portal guides suppliers through a configurable on-boarding process. Information is automatically validated to ensure data accuracy and compliance.
PRGX Scorecarding, built on Lavante’s platform, leverages supplier data from multiple sources to provide an in-depth assessment of a suppliers’ business standing for enterprise clients.
Workflows & Approvals
PRGX SIM, built on Lavante’s platform, provides configurable supplier data, workflows with user-defined fields allowing users to setup alerts and notifications on approval progress and supplier data changes.
PRGX SIM automates supplier outreach individually and in bulk. The system leverages multiple channels to optimize the response for supplier on-boarding.
Compliance & Validation
PRGX SIM supports real time compliance and validation of supplier data against a multiple of official foreign and domestic government sites. (USPS, TIN, OFAC, FATCA etc.)
Reporting & Monitoring
PRGX SIM provides companies with visibility and transparency across their supplier base to help them better understand trends and optimize processes.
Benefits of a Comprehensive SIM Solution
PRGX’s SIM solution is the industry’s most complete and far-reaching solution for maximizing supplier engagement and ensuring data quality for clients across the globe.