Turn suppliers into strategic partners
with Corcentric Supplier Management
The Corcentric Supplier Management solution provides end-to-end workflow modularity that helps you establish and maintain stronger supplier relationships, ensure compliance and mitigate risk with deeper, more advanced functionality — out-of-the-box or configured to your needs. Advanced supplier relationship management capabilities push third-party relationships beyond just pricing and cost savings, turning them into major assets that generate competitive advantage.
Does your organization struggle to build supplier relationships beyond the transactional?
Where are suppliers bringing unnecessary risks and costs into your supply chain?
How do you know if the suppliers you have are the ones you should have?
Supplier Information Management
Current, validated, and authenticated: complete supplier visibility
- Supplier onboarding/offboarding management
- Supplier repository
- Supplier profile management
- Supplier visibility in real time
- Supplier certification management (internal + external)
- Supplier portal
- Supplier collaboration
Look at the Entire Supplier Lifecycle
You need to optimize and streamline every stage of the relationship, from initial registration that includes verified data and certifications, to information management that provides actionable insights based on how suppliers are meeting contracted procurement goals, and performance management that gives you the tools to drive better sourcing and business outcomes, and realized savings. It’s a proactive process for shared success.
Supplier Risk + Performance Management
How to ensure the suppliers you have are the suppliers you want to keep
- Compliance management
- Due diligence
- Supplier scorecards
- Survey campaigns
- Risk assessment
Supplier Management = Visibility + Control
Our solution takes you fare beyond an ERP to provide a portfolio of capabilities that enable you to proactively start building on supplier strengths, even before they are fully onboarded. From validation and certification to score carding, contract management compliance and beyond, you will gain the insights needed to create stronger, more agile, and collaborative supplier-centric relationships to maximize value, align goals, and drive KPIs.
Top 3 goals achieved by pursuing supplier management improvements
improved overall quality
of supplier data.
developed and enhanced metrics with
supplier risk management tools.