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RAPid Supplier Information Management portal; the fastest way to build an accurate, up-to-date supplier database you can trust.

 

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RAPid Supplier Information Management (SIM)

Managing suppliers 'doesn't have to be painful. RAPid Supplier Information Management has been built to:

  • Streamline your internal approval processes
  • Enable your suppliers to upload and manage their own documentation, including certifications, catalogues and more
  • Automated workflows notify stakeholders in different teams when key milestones are reached that require review of approval; making it easier than ever to collaborate
  • RAPid Supplier Information Management also makes it easy to keep your database up to date by validating prospective suppliers against external databases, including Experian and Dun & Bradstreet

SIM at a glance

 

Onboarding

The intuitive self-service portal allows suppliers to input their own background information and holds them responsible for maintaining the quality and accuracy of data. Compliance requirements are also completed by the supplier, as they can upload their own accreditations, certifications and product/service catalogues. SIM makes is easier than ever for category managers to access up-to-date supplier information and identify any gaps in provision before they impact the business.

Visibility

360° visibility into your supply base enables procurement teams to make decisions faster, optimise investments, manage risk and compliance as well as improve your negotiating position. With better insight into your suppliers, you can perform more advanced analysis than standard reporting allows and give procurement teams confidence in the decisions they make.

Lifecycle Management

From onboarding a new supplier to monitoring performance and assessing risk; SIM records the full history of supplier engagement. Automating these processes, instead of relying on manual effort, increases profitability, efficiency and productivity. SIM enables procurement teams to focus on strengthening relationships rather than chasing paperwork.

Automate time-consuming, manual tasks and free up resources to work on the projects that matter

RAPid Supplier Information Management integrates with our Procurement Analytics and Contract Management solutions to create a centralised hub of procurement information.

 

"This has transformed our onboarding processes, now I can be confident that we’re only contracting with vendors that meet our ethical standards, legal requirements and responsibility to our customers."
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