Manage Supplier Information and Improve Valuable Relationships
More Effectively with Transcepta

When it comes to effectively managing business commerce, locating the best suppliers and negotiating the best agreements are a good start. But it’s only the beginning. To be successful, companies must constantly discover, assess, and on board new trading partners, ensure that their information is accurate and up-to-date, and continuously measure and improve upon performance. Yet many buyers and suppliers struggle to do this.

According to Gartner, managing supplier information manually is a costly drain on business—in some cases more than $1,000 per supplier on an annual basis. But it doesn’t have to be. When information—enabled by technology—becomes visible across the organization, costs per supplier quickly fall to below $150. Yet achieving complete visibility on supplier information isn’t easy and there are a number of challenges that make it difficult:

Inaccurate and fragmented information spread across multiple, disconnected systems
Incorrect, incomplete, and out-of-date supplier records
Lack of visibility into supplier performance, risk exposures (financial, brand, reputation, disruption) and financial metrics
Inconsistent or non-existent processes to onboard new suppliers and measure performance
Large numbers of suppliers, making supplier segmentation and prioritization efforts cumbersome and, as a result, limited

Supplier Information Management with Transcepta Manager

STOP CHASING SUPPLIERS FOR INFORMATION

Put an end to the phone calls and emails for missing information. Use follow-ups that automatically warn or block invoice submission pending remittance information updates.

GAIN FULL VISIBILITY INTO THE SUPPLIER RELATIONSHIP

See supplier information, POs, invoice data—everything you need to know—all in one place.

IMPROVE RELATIONSHIPS WITH SUPPLIERS

Ease the data supply burden. Centralize information requests and stop sending suppliers multiple and misdirected inquiries. Avoid disruptions, escalations, and late fees.

Supplier Information Management

Manage Supplier Information and Improve Valuable Relationships More Effectively with Transcepta

Supplier Information Management with Transcepta Manager

STOP CHASING SUPPLIERS FOR INFORMATION

GAIN FULL VISIBILITY INTO THE SUPPLIER RELATIONSHIP

IMPROVE RELATIONSHIPS WITH SUPPLIERS

Manage Supplier Information and Improve Valuable Relationships
More Effectively with Transcepta