Optimising supplier onboarding and relationship management for success

Efficient supplier and contractor onboarding, along with robust supplier relationship management, are crucial for maintaining operational agility, reducing risks, and fostering strong partnerships. However, these processes often face challenges such as incomplete documentation, scheduling errors, data security issues and communication barriers. Venture's Supplier and Contract Management solution offers a range of robust capabilities designed to streamline processes and enhance operational efficiency. Built on the Microsoft Power Platform, this advanced application integrates seamlessly with Dynamics 365 Finance & Supply Chain Management and Dynamics 365 Business Central, using built-in connectors and APIs. It also supports integration with a variety of other ERP solutions. Tailored to meet the needs of evolving businesses, it optimises onboarding processes and improves overall efficiency.

Key Features and Benefits

Supplier Onboarding: Streamlined compliance and integration with Dynamics 365 and other ERP solutions.
Supplier Self-Service: Enhanced data accuracy and secure access.
Supplier Communication and Management: Improved communication and tracking.
Contract Management: Simplified management with centralised storage and notifications.
Workflow and Reporting: Customisable workflows and detailed audit trails.
Purchase Order and Invoice Management: Efficient order and invoice processing.

Our roadmap for the Supplier and Contract Management solution presents additional capabilities designed to enhance and optimise supplier and contractor management processes.

These new features will build on the current robust platform, offering advanced tools and improvements. Venture will soon provide an update on the release roadmap, reflecting its commitment to continuously improving the solution to meet the evolving needs of modern organisations.

Future Capabilities

Sourcing: Supplier assessments and risk management.
Contracting: Full contract lifecycle management.
Sub-Contracting: Monitoring compliance and KPI tracking.
Supplier Relationship Management: Scorecards and site visit scheduling.
eAuction: Creation and management of eAuctions

A one-day Discovery workshop followed by a one-day write-up of findings is required to assess the onboarding effort for Foundation and Additional Modules. The licence term 3 years. *Note: This cost relates to an annual licence fee only, there will be an additional onboarding cost to set up and configure the solution to meet your business requirements. Licence fee fixed for 3-year period.

Venture will provide the app as a shipped product that can be deployed into your Microsoft Dynamics 365 Finance and Supply Chain Management environment. The app will be maintained and updated by Venture in alignment with Microsoft’s Power Platform Release Wave Schedule

Venture ISV Supplier and Contracts Management Portal

by VENTURE SYSTEMS GROUP LIMITED