DocuPeak Vendor Management
Automate interactions with your
suppliers to streamline vendor management
Make The Move To “Active” Vendor Management
When you’re simply receiving vendor bills and running them through an accounts payable process, this is a form of “passive” vendor management in effect because you are essentially receiving information in whatever form the vendor chooses.
While DocuPeak supports this passive model of interacting with vendors, there’s a more sophisticated way of managing vendor interactions you can benefit from.
Active Vendor Management involves providing tools for the vendor to deliver information, such as vendor bills or expense reports, in a manner that you prefer. Specifically, a DocuPeak portal can be created that allows vendors to submit bills or expenses using DocuPeak Electronic Forms.
When the vendor enters this information electronically, the burden on you accounts payable department decreases greatly because the information is already in the format your systems can consume. No data entry, no key from image, no barcodes or OCR required. It makes sense to move over to active vendor management and gain all these advantages.
Vendor-related documents can be automatically routed to approvers via e-mail to signal approval of bills
Manual work decreases greatly because information is already in a format your systems can consume
DocuPeak portal allows vendors to submit bills or expenses using electronic forms
Manage Vendor Transactions
With Peak Performance
If you would like to discuss DocuPeak for the management of your vendor interactions, including invoice submittals and contract management, please contact us today.
We can share real-world examples of how we’ve helped other organizations to automate their vendor transactions to reach peak performance within their operations.
Benefits Of DocuPeak
Your ROI continues to grow as you add more vendors into the DocuPeak solution
Save valuable time and Increases staff productivity when managing vendor transactions
Documents in DocuPeak are backed up to a secondary location for added protection
Simplify vendor management utilizing a central and well-maintained solution
Give management oversight on all vendor transactions in a single, centralized solution
Who We’ve Helped
Our solutions have helped clients gain massive advantages within their operations