A Five-Step Journey to Digital Vendor Enablement

Download this on demand Webinar to learn about a five-step journey to digital engagement that has helped companies gain value and reach 85-95% supplier adoption rates.

COVID-19 has not only stirred up lives and livelihoods of people all over the world, it has also disrupted our entire economy, changed our priorities and significantly shifted our reality. 

80% of finance leaders now say they expect a decrease in revenue or profit for the full year. Finance leaders are shifting their focus to cost by implementing cost-reduction measures and looking to shift supply chain strategies as a growing majority fear a significant impact on their business from COVID-19. 

Many are realizing that supplier data is one of the fundamental problems when it comes to managing the entire chain. Research shows that bad quality supplier data can be very expensive and companies can save up to $6 million every year in supplier spend by leveraging trusted supplier data. Implementing a vendor portal can help, but it’s no longer enough.

Watch Rob Stowell and Rusty DiNicola from Pivotree, as they discuss how a well-implemented supplier portal can improve time-to-market, save cost and help gain a trusted view on a supplier data. They explore how companies can take modern customer service concepts and apply them to an MDM Vendor Portal for a transformative result. 

Download this Webinar to learn:

• How COVID-19 has changed supplier needs
• Biggest benefits of implementing a supplier portal and getting a 360-view of every vendor 
• Five steps to evolve from loading vendor to digital vendor engagement
• The biggest mistakes companies make with vendor portals (and how to avoid them)
• Three essential elements for a new supplier approach