Vendor Portals
Utilizing vendor portal technology streamlines communication and collaboration with vendors. These platforms provide a centralized hub for managing purchase orders, invoices, payments, and other vital information fostering transparency and efficiency. This strengthens vendor relationships.
Get Started With a Free Demo
Promote Vendor Self-Service
Allow your vendors to submit or retrieve crucial information 24/7 without contacting you.
Real-Time Collaboration
Portal forms and workflows allow you and your vendors to exchange invoices, documents, comments, etc.
Save Time and Money
When vendors take over tasks that your team historically completed, your organization saves time and money.
ICG’s vendor portal was the right solution for our business because we could introduce functionality over time. Between the Inquiry and Disputes models, our company was able to reallocate over 50% of those resources to other activities. In addition, the company was able to receive over 2,000 invoices per week to flow through the portal – it constantly saves time and money. A win-win all around. To be fair, I had some reservations about the degree of use we would actually achieve with our vendors, and in the end, I was astounded by the high adoption rate. We frequently heard vendors cite the ease of use as a strong driver to get them to use the portal features. Our experience was nothing short of astounding!
Relevant Blog Posts
Getting the Most From Your Vendor Portal
A vendor portal is a web-based platform that facilitates communication, collaboration, and transactions between a company and its suppliers or vendors. The features and benefits of a vendor portal are many and varied and depend on specific needs and functionalities....
Hidden Costs of Manual Vendor Onboarding
Manual vendor onboarding processes come with several inherent risks and numerous hidden and potentially significant costs that organizations need to be aware of. These risks can impact the efficiency, accuracy, total cost, and overall effectiveness of an onboarding...
Streamlining Vendor Onboarding
The Benefits of a Vendor Portal-Based System Vendor onboarding is a necessary and important process for any business. Streamlining vendor onboarding and managing vendors can have a significant impact on a company's operations, supply chains, and bottom line. One way...
See ICG’s solutions in action
Schedule your free demo by filling out the form below.