Supplier Discovery
Trusted. Suppliers.
Search and engage prequalified new suppliers, current suppliers, and smartvm’s 70M+ scored suppliers to the Global 2000.
Expand your strategic sourcing options
Looking for new sources of goods and services? The apexportal Supplier Discovery module makes the process easy. Prospective suppliers – those interested in providing goods and services to your company – simply preregister on your portal. The information they enter will be automatically validated by cognitive technology, our cognitive computing technology, and stored for future use. When you need a new supplier to fulfill a specific need, simply use the portal to search three sources: your supplier candidate database, your current vendor master and the tens of millions of suppliers in our smartvm™ database.
Become proactive. To identify new suppliers, publicize your portal signup page and distribute invitations to potential supply chain partners. You can even set up a kiosk at industry conferences so prospective suppliers can enter information online in real time.
- Make your own rules. The Supplier Discovery module lets you establish your own preregistration business rules. You decide what information prospects must enter or upload and whether the portal should automatically validate entries against public and private databases. You decide whether to route new profiles for approval or whether to simply store the information for future use. The choice is yours.
- Extend your reach. When you adopt the Supplier Discovery module, you also get access to apexanalytix smartvm, our proprietary database of the verified vendor records for more than 70M+ suppliers to the Global 2000. The database is continually updated with information we develop, score and verify through over 10M+ communications annually with suppliers.
- Search on demand. Comprehensive search capabilities help you quickly identify new suppliers when you need them. You can use dozens of parameters to search your prospective and current supplier records and our apexanalytix smartvm database – from product category and company size to location and diversity class.
- Convert prospects to suppliers. Once you’ve identified a company or individual you would like to use, simply click a button to export the prospective supplier to your RFx system or invite them to become an authorized supplier. Use with apexportal Supplier Registration to capture and validate everything you need to approve the supplier relationship and create the best possible vendor master record in your ERP and other P2P systems.
Your portal. Done your way.
Flexible apexportal modules cover the full day in the life of your P2P team and your suppliers.
Supplier Discovery: Source suppliers by searching preregistered suppliers, current suppliers, and our smartvm database of 70M+ proprietary supplier records with contacts. Learn more.
Supplier Registration: Fully automate supplier onboarding; enforce policy and global governance, risk management, and compliance rules; promote strategic initiatives; and update all of your enterprise P2P systems. Learn more.
E-invoicing: Connect to your own e-invoicing provider, our apexanalytix partner, or our Simple E-invoicing solution. Learn more.
Supplier Inquiry: Offer your suppliers 24/7 online access to invoice and payment status in their own language. Learn more.
Dynamic Discounting and Supply Chain Financing: Make the most of your working capital with dynamic discounting, supplier auctions and flexible supply chain financing options, powered by predictive analytics and a world-class, multichannel marketing engine for microtargeting. Learn more.
Supplier Statement Audit: Automate your supplier statement audits for faster recoveries and a lower cost per claim. Learn more.
