Vendor Management

Evaluate performance against qualitative and quantitative benchmarks; continuously monitor buyer satisfaction in real time.
Produce standardized or customized reports for assessing supplier performance.
Keep tabs on adherence to SLAs in supplier agreements; activate automated alerts and status updates when necessary.
Compile qualitative and quantitative assessments to inform performance reviews based on factual data.
Proactively identify, address, and resolve supplier performance issues to prevent escalation.
Distribute surveys and questionnaires for supplier evaluations; analyse responses for insights.
Collect and analyse data to identify potential supplier risks and proactively mitigate them.
Ensure vendors comply with regulations and corporate standards.
Enhance communication and collaboration with vendors to prevent errors caused by misunderstandings.

Vendor Information Management

Nirmalya Enterprise Platform Suite offers a robust Vendor Information Management system that allows for the comprehensive storage of vendor data. This repository includes risk assessments, contact details, diversity information, financial records, critical certifications, and important documents. It empowers users to create and maintain detailed vendor profiles without limitations on data fields. Through customizable forms and scorecards, you can capture all relevant information about your vendors. Additionally, it provides advanced reporting and analysis tools to ensure compliance with your organization's requirements, even as they evolve over time.

Obtain a thorough understanding of supplier history and performance across different business units, time periods, and locations.
Automate the collection, cleansing, and standardization of supplier data through Supplier Master Data Management.
Govern master data by implementing customizable business rules, processes, and workflows.
Ensure accurate vendor information is maintained within the supplier risk and performance modules at all times.

Vendor Performance Management

Nirmalya Enterprise Suite provides Business Intelligence tools that help companies evaluate and measure vendor performance to achieve cost-saving goals. These tools enable companies to monitor and enhance their relationships with vendors based on specific needs, ultimately optimizing partnerships and maximizing savings. Vendor scorecards allow for the collection and analysis of performance data, opinions, and feedback for each vendor, and can be customized for different categories, countries, or individual vendors. These scorecards are automatically generated periodically with input from various sources within the company, and are integrated with vendor master data in the suite for easy access during vendor discussions.

Collaborate with colleagues from different functions and locations to identify, initiate, and implement new savings projects.
Develop estimated spending and anticipated savings for projects, and establish timelines to meet set targets.
Utilize automated data consolidation from diverse sources to identify and report on negotiated savings.
Customize risk levels to monitor potential delays and reductions in achieved savings across categories, business units, regions, or individual projects.

Vendor Relationship Management

Nirmalya Enterprise Platform Suite offers a Vendor relationship management tool that mediates poor performance and improves relations transparently and fairly. The platform provides a governance structure, engagement model, and joint activities to facilitate communication and enhance relationships with Vendors. Users can define action plans, assign stakeholders, and measure results for all Vendor engagements, leading to comprehensive plans for improvement. With a streamlined mechanism in place, businesses can focus on driving Vendor-driven innovation. Managing Vendor relationships actively involves not only identifying poor performance but also helping Vendors improve and get back on track.

Employ structured, collaborative, and programmatic action plans to effectively address and manage issues, ensuring that strategic sourcing initiatives maintain momentum and performance.
Enable a robust process in place is essential to guiding vendors back on track when they veer off course or require performance improvement.
Establish a strong governance structure, appropriate vendor engagement model, and strategic joint activities for successful vendor management.
Clearly outline action plans and assign responsibilities to maintain a cohesive and proactive approach.

Comprehensive Vendor Intelligence

Nirmalya Enterprise Platform Suite's Vendor Management System simplifies the process of vendor segmentation, making it easy for you to categorize vendors. You can assign status flags such as preferred, qualified, or blacklisted to vendors as required. For more specific requirements, like identifying vendors based on criteria such as services offered, location, and environmental ratings, intelligent search capabilities allow you to search and select vendors with precision, even down to individual questionnaire responses. The vendor dashboard provides insight into your relationship with each vendor, including total spend, proposals submitted, active contracts, and purchase order history. With the Nirmalya Enterprise Platform Suite's Vendor Management System, you have access to all the necessary information to narrow down vendors based on your business's unique needs, all with just a few clicks or taps.

Assess the suitability of a Vendor for your business by evaluating their capabilities, credentials, commercials, and experience
Access essential information to streamline vendor selection based on your business's specific requirements with ease
Gain valuable insights into your relationship with each vendor, such as total spend, proposals, active contracts, and purchase order history
Utilize intelligent search features for accurate vendor selection based on criteria like services, location, and environmental ratings.

Master Data Management

Nirmalya Enterprise Platform Suite’s Vendor Master Data Management tool from simplifies the process of collecting Vendor records, removing manual work and uncertainty. It offers a complete solution for handling Vendor master data across the organization, seamlessly integrating with all external systems on the market. This tool allows for unlimited integrations with any platform used by the enterprise to ensure smooth data flow into Vendor master data management. By capturing, correcting, normalizing, consolidating, and storing all Vendor interactions, the platform enhances visibility and performance monitoring for procurement and supply chain professionals. It not only improves compliance audit results but also enables stakeholders throughout the organization to confidently make well-informed decisions.

Facilitate procurement by integrating Vendor master data model with accounts payable and back-office systems to centralize Vendor data.
Keep Vendor master data updated and utilized in procurement operations like planning, sourcing, contracting, managing, and purchasing.
Enhance visibility and performance monitoring for professionals in procurement and supply chain management.
Enable informed decision-making for all stakeholders across the organization.

Vendor Portal

Nirmalya Enterprise Platform Suite’s vendor portal acts as a central hub for promoting smooth collaboration between buyers and suppliers, simplifying project management processes. By offering a unified platform for communication and document sharing, it eliminates the drawbacks of using fragmented emails and disjointed workflows. With all project-related interactions and files neatly arranged within the vendor record, the system improves efficiency and reduces the requirement for labour-intensive manual tasks, guaranteeing a professional and organized approach to project launches and ongoing partnerships. Nirmalya Enterprise Platform Suite's vendor portal serves as a centralized hub for promoting smooth collaboration, simplifying project management processes, and enhancing overall efficiency.

Encourage accountability, transparency, and trust among buyers and suppliers to cultivate robust and enduring business partnerships.
Facilitate seamless communication between buyers and suppliers for immediate updates, feedback, and discussions through a centralized platform.
Empower vendors to oversee contracts, grievances, invoice submissions, payment tracking, and other tasks efficiently.
Real-time data monitoring enables businesses to make well-informed decisions and pinpoint areas for enhancement in their procurement procedures.

Multi-Subsidiary Vendor

Nirmalya Enterprise Platform Suite’s sophisticated vendor management system offers a seamless solution through assigning primary and multiple secondary subsidiaries to vendor records. This reliable system enhances efficiency by consolidating total outstanding and unbilled balances into the primary subsidiary’s currency when accessing shared records. With a meticulous approach, the vendor management system tracks and updates vendor balances in real-time, ensuring accurate financial insights through continuous monitoring of bill entry and payment processes.

Enable the assignment of primary and multiple secondary subsidiaries to vendor records
Aggregate total outstanding and unbilled balances into the primary subsidiary's currency for shared records
Maintain accurate financial reports by continuously monitoring bill entry and payment processes.
Monitor and update vendor balances in real-time to streamline the operations.

Dashboard and Analytics

Gain a competitive edge by harnessing the power of interactive dashboard and analytics feature. It converts raw data into easily digestible insights, presenting businesses with comprehensive reports that offer unparalleled visibility into their operations. Leverage key performance indicators like permit status, request/approve ratio, and identify trends, patterns to optimize strategies, and achieve success. With intuitive platform, you can turn insights into action, proactively transforming your organization to drive growth and success.

Achieve unparalleled operational transparency by accessing valuable insights, recognizing patterns, trends, and performance metrics.
Optimize decision-making processes, improve efficiency, and enhance overall performance based on informed choices.
Harness the power of data to drive impactful actions and revolutionize operational methodologies.

Our implementation strategy is designed to ensure that your business operations undergo a swift and seamless transformation, resulting in faster time to value. Our experienced consultants utilize a structured approach that combines extensive industry knowledge with the latest implementation techniques. This enables you to expedite the deployment of our powerful solution and experience a rapid return on investment.

Through our streamlined process, you can optimize productivity and streamline business processes with minimal disruption. We have consolidated the expertise gained from global deployments into a set of leading practices, providing a clear path to success and delivering rapid business value.

With Nirmalya, you can confidently expect to go live within a predictable timeframe through smart, stepped implementations.

Nirmalya offers its services to companies of all sizes, including startups, fast-growing businesses, medium-sized enterprises, large corporations, and non-profit organizations. We assist these companies in streamlining their operational capabilities without the need for significant capital and operational expenditures. By eliminating the burden of maintaining an Enterprise Resource Planning system, which typically involves investments in manpower, hardware, and software, we help companies focus on their core activities.

Our collaboration with companies involves an initial setup fee for implementation, followed by an annual license fee based on the modules chosen by the customer for implementation. As businesses expand, customers have the flexibility to incorporate new modules as needed.