Title here
Summary here
Vendor Relationship Management
Vendor Relationship Management (VRM) brings vendor records, vendor administration, activity review, relationship follow-up, portal submissions, and vendor financial transactions into one workspace.
Concepts
| Concept | Meaning |
|---|---|
| Vendor record | The master profile for a supplier or service provider. |
| Vendor group | A classification used to segment vendors for reporting, onboarding, and relationship management. |
| KYV | Know Your Vendor review of documents and onboarding requirements. |
| Vendor relationship | Interactions such as call notes, notifications, birthdays, and subscriptions. |
| Vendor transaction | Receipts, payments, profile transfers, partner transfers, and cash swaps posted against vendor profiles. |
| Vendor admin | Case management and document requirement setup used to control vendor support and compliance workflows. |
Available Areas
- Records
- Vendor Admin
- Activity
- Transactions
- Relationship
- Portal
Screenshot: VRM dashboard showing vendor health, activity, and quick actions