Axonator helps companies to maintain an updated and a well categorized vendor information repository which helps you get all info related to vendors easily and saves your time and efforts. A centralized vendor information repository is also helpful in cross-vendor comparison, vendor evaluation, contract management, saving procurement costs and much more. Axonator helps you in implementing this critical feature in the vendor management process

You can easily approve or reject information uploaded by vendors in the self-service portal. Vendors are notified if they need to submit additional or revised information and they can view the related remarks on the registration portal. Also, only the fields for which information needs to be submitted again are visible in case the vendor has to give revised info in the registration form

Managing vendor related risks, their identification and mitigation form an important element of a vendor management process. Axonator software helps companies to collect the necessary data and collate it for implementing a robust risk management procedure through better monitoring and evaluation for improved business outcomes