Supplier onboarding: Onboarding new suppliers is an essential step in acquiring critical goods, but it is often still a manual process left in the hands of clerks. You could just as easily configure a robot that handles supplier vetting, including handling tax data, pulling credit reports and more.
Portal queries: Many businesses use digital portals for supplier management, but these systems are often in a software silo away from the main company systems. Why force an employee to manually copy and paste data back into your main software? Leverage RPA to link your portals together and create more defined workflows.
Price comparisons: Your business may only buy certain products when they are available at the best prices. When those prices fluctuate across suppliers, use a robot to track this data and flag suppliers who have the best deal at pre-set time intervals.
Market intelligence: Once you choose them, suppliers don't always continue to conform to your standards over the long term. Manually assessing these credentials can be extremely time-consuming and easy to delay. Set up a robot to perform this job instead and enjoy regular reports.
Contract terms: Do you have vendors with specific contract data that you must validate on every invoice? This essential compliance step can be tedious—automate it instead.
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