SRM (Supplier Relation Management) is the most critical module if the business
requires the products/services from third party to sell and raise the transactions. Now a days
managing the vendor database requires many salient identities to do the business; like Party Name,
Bank Details, Contact Person and other Details etc.
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Vendor Ratings on the basis of Services/Supply
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Duplicity of the Vendor’s Record
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Payment Alerts
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Legal Document Requirements
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Quotation Comparison and Approval
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PO Approval and Closure
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GRN/SRN
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Quality Check/Assurance