Research reveals that poor alignment between customers and their most important suppliers is restricting long-term value creation. The solution is eBonding gateways, where vendors electronically share information with customers to create a quicker and more proactive environment.
The eSourcing revolution is happening right now and is the basis for MDSL’s iVendor portal, which communicates directly with vendors through a centralised interface.
Once you’ve authorised a service request, an order is sent automatically to the vendor via the eBonding gateway.
When you order a circuit, you can track the progress of the order.
Vendors can upload new tariffs or catalogues, which are automatically updated on acceptance.
If you detect a discrepancy in a vendor’s invoice, a dispute case is presented for resolution, while the vendors can also access the latest information in order to resolve it.
Your vendor’s sales team are alerted as soon as you submit a request for a quote, while quotes can also be tracked to find the best fit.
For commodities, eg leased lines, you can initiate a reverse auction – an automated online auction, where vendors bid anonymously in the expectation that competitive pressure will force prices lower.
eBonding and eSourcing dramatically improve the procure-to pay-process by enabling closed-loop collaboration with suppliers, simplifying fulfilment and reducing administration costs.
To find out more about MDSL's eSourcing solutions, please request a call back using the button above or contact us via email.