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What is VendorConnect?

Rely on a variety of trustworthy partners for all critical elements of your supply chain. Establish a centralized database that is easy to navigate, retrieve, and manage data. VendorConnect provides comprehensive visibility throughout the supply chain, tracking products from production to delivery, thereby improving businesses' capability to oversee and effectively tackle risks tied to product quality and customer satisfaction. This system enables companies to optimize their processes and quickly address any challenges that arise, ultimately fostering a more resilient operational framework. Such an approach not only enhances efficiency but also strengthens relationships with partners and customers alike.

What is PRM360?

PRM360 stands out as the ultimate solution for your Procure to Pay needs, integrating all related processes seamlessly. Its industry-leading capabilities include the ability to post requirements digitally, receive automated vendor quotations, and have those offers evaluated by advanced systems. The Online Bidding feature empowers purchasing officers to select the most advantageous deals, which can save them between 5 and 15% of their time. Furthermore, PRM360 enhances the payment process by proactively reminding vendors about invoice submissions and facilitating online clearance approvals, which boosts vendor satisfaction significantly. This efficiency also spares the purchasing team from the tedious task of follow-ups. According to analysts, users of PRM360 can experience an impressive 300% return on investment compared to other Procure to Pay solutions available today. By adopting PRM360, organizations can not only streamline their procurement processes but also unlock substantial financial benefits.

Media

Media

Integrations Supported

Gusto
HubSpot CRM
HubSpot Customer Platform
Oracle Cloud Infrastructure
QuickBooks Online
SAP Cloud Platform
Sage 50
Salesforce
Slack

Integrations Supported

API Availability

API Availability

Pricing Information

$100 per month

Pricing Information

Contact PRM360 for prices
Contact PRM360 for prices
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

VendorConnect

Date Founded

2023

Company Location

United States

Company Website

www.vendorconnect.ai

Company Facts

Organization Name

PRM360

Date Founded

2015

Company Location

India, Hyderabad

Company Website

www.prm360.com

Categories and Features

Contract Management

Not specified

Sourcing

Not specified

Vendor Management

Not specified

Categories and Features

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Catalog Management

Catalog Creation
Content Library
Content Management
Cross Selling Functionality
Custom Product Attributes
Customizable Catalogs
Desktop Publishing
Pricing Management
Product Comparison
Search

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Spend Analysis

Not specified

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

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