Overview - Vendor Portal

Further Reduce Your Processing Cost. Gain Instant Visibility. Improve Supplier Relationships.

Are you wondering whether your invoice management and supplier payment processes are as effective and efficient as they could be?

Processing invoices while simultaneously keeping supplier master information up to date can be a time consuming, non-productive effort that drives up costs and puts stress on your supplier relationships. Even more critical, these processes reside at the core of your financial supply chain. As a result, pre-negotiated payment terms are missed, money from discounts is lost, and again, costs increase.

To further highlight the misallocation of internal resources, many companies are still receiving the majority of their invoices in a non-electronic format, such as paper, PDF or an OCR’ed version of the former two. Even after an accounts payable (AP) upgrade, productivity and other key performance indicators often fall short of the anticipated return on investment (ROI).  Most companies are still routinely responding to ad-hoc supplier phone inquiries on basic status information, which not only disrupts day-to-day operations but also negatively impacts productivity. Capturing early payment discounts then becomes unattainable or at best, remains far below its potential.

The Taulia Vendor Portal can help you overcome these challenges and drive automation across the entire purchase-to-pay process. The solution, which is provided as Software-as-a-Service (SaaS), comes with comprehensive supplier-self services and lets suppliers access all relevant process information, empowers them to update their own master information and to communicate with you electronically via the portal.

Tightly integrated with the SAP ERP application, the solution is SAP certified and fully leverages the data and information already in your SAP ERP application. The Taulia Vendor Portal enables and greatly simplifies the electronic exchange of purchase order (PO) information and invoice data, while fully supporting your existing processes, irrespective of your AP department’s operating status; pre-automation or post-automation.

With the Taulia Vendor Portal, you can enable dynamic discounting with all of your suppliers, extending traditional payment terms with dynamic discount terms and on-demand payment acceleration, and increasing your discount capture opportunity to your entire spend.

Benefits of the Taulia Vendor Portal

• Minimize processing cost
• Increase visibility into payables
• Improve regulatory compliance
• Empower suppliers
• Lower total cost of ownership