Vendor Master Management

Challenges

• Vendor data is stored in multiple systems across the globe
• Weak process mean data is inconsistent and out of date, leading to buyers choosing the wrong vendor, increasing costs and risks
• Requirement for fine grained data visibility access dependant on supplier type and role

Benefits

• Vendor data stored in one Master Data Management system
• Strong process defined by the business and implemented by Comprise ensures data is correct and buyers are enabled to make the best decisions
• Extensive use of rules management to give fine grained control over access
• Intuitive and easy to use UI makes viewing and maintaining data a pleasure

Core Technologies

• BPM – Business Process Management manages the approval process
• MDM – Master Data Management system holds all of the vendor data