Supplier Master Management

With QX’s Supplier Master Management solutions, your business will be able to take informed procurement and supply chain decisions.

 

Any organization that handles a large volume of supplier-related transactions finds it challenging to extract relevant data and insights from supplier and item master records. Duplicate entries, incorrect data, or expired data doesn’t just affect the accuracy of internal reporting but also leads to costly errors in the P2P cycle.

QX’s Master Data Management solutions help organizations across industries to improve the accuracy of supplier/vendor data. Additionally, we help you unlock actionable insights for better decision making, while reducing the cost of accounting operations.

HOW ORGANIZATIONS BENEFIT FROM QX’S SUPPLIER MASTER DATA MANAGEMENT SOLUTIONS

DECREASE COST

Reduce costs associated with managing and maintaining your supplier data by optimizing the process, implementing technology, and decreasing costs associated with the staff.

SINGULAR SOURCE OF TRUTH

Create a reliable, final version of all the key data pertaining to all your suppliers while maintaining compliance with regulations and internal controls.

ENHANCE PROCUREMENT DECISION-MAKING

Access up-to-date, accurate and comprehensive data on all the suppliers, which enables the procurement team to compare and contrast suppliers to make effective decisions.

FOCUS ON WHAT REALLY MATTERS

Compiling supplier data and creating reports often consumes a significant amount of your onshore team’s time. This is where QX can help – we provide reliable data and reports, so that your core team can focus on activities that release higher value.

WANT TO KNOW MORE ABOUT THE BENFITS OF OUTSOURCING SUPPLIER MASTER MAAGEMENT FOR YOUR BUSINESS?
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OUTSOURCED SUPPLIER MASTER DATA MANAGEMENT TO STRENGTHEN YOUR SUPPLY CHAIN

QX’s Supplier Master Data Management solutions help streamline the process of managing supplier data while also reducing costs involved in the process.

SUPPLIER ONBOARDING & SETUP
UPDATED SUPPLIER INFORMATION
DEACTIVATE & ACTIVATE SUPPLIERS
PERIODIC DATA CLEANSING
CREATE CUSTOMISED SUPPLIER REPORTS

TALK TO OUR EXPERTS TO GET INSIGHTS INTO HOW WE MANAGE THE MASTER DATA FOR YOUR PROCURE-TO-PAY PROCESS.

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