Commercial Management · Purchasing processes

Supplier Relationship ManagementEvaluate your suppliers on quotations, performance and risk

Supplier Relationship Management lets you manage potential and existing suppliers in one place and analyze them from every angle (360 degrees). You send requests for quotation, compare and evaluate supplier quotations, and monitor supplier performance and risk on a regular basis.

Manage supplier relationships and data effectively, monitor supplier performance and improve order processes.

Which challenges does Supplier Relationship Management address?

  • Supplier quotations arrive in different formats, so comparing them takes time.
  • When supplier performance is not measured, the same problems keep recurring.
  • The risk of depending on a single supplier goes unnoticed.

Key features

The 10 features in Supplier Relationship Management and the packages each one is offered in.

  • DashboardIncluded in all packages
  • Potential SuppliersIncluded in all packages
  • SuppliersIncluded in all packages
  • Supplier Management & 360 AnalysisIncluded in all packages
  • Requests for QuotationIncluded from Small Business
  • Supplier QuotationsIncluded from Small Business
  • Quotation EvaluationIncluded from Small Business
  • Supplier PerformanceIncluded from Small Business
  • Supplier Risk & EvaluationIncluded from Small Business
  • Supplier Reporting & AnalyticsIncluded in all packages

Comparison by package

"Included": part of the package. "Add-on": can be added as an option. "Higher tier": not part of this package; available by upgrading to a higher tier.

Supplier Relationship Management: feature coverage by package
FeatureMicro BusinessSmall BusinessMid-sized BusinessLarge BusinessCorporateEnterpriseTailored
DashboardIncludedIncludedIncludedIncludedIncludedIncludedIncluded
Potential SuppliersIncludedIncludedIncludedIncludedIncludedIncludedIncluded
SuppliersIncludedIncludedIncludedIncludedIncludedIncludedIncluded
Supplier Management & 360 AnalysisIncludedIncludedIncludedIncludedIncludedIncludedIncluded
Requests for QuotationHigher tierIncludedIncludedIncludedIncludedIncludedIncluded
Supplier QuotationsHigher tierIncludedIncludedIncludedIncludedIncludedIncluded
Quotation EvaluationHigher tierIncludedIncludedIncludedIncludedIncludedIncluded
Supplier PerformanceHigher tierIncludedIncludedIncludedIncludedIncludedIncluded
Supplier Risk & EvaluationHigher tierIncludedIncludedIncludedIncludedIncludedIncluded
Supplier Reporting & AnalyticsIncludedIncludedIncludedIncludedIncludedIncludedIncluded

Source: Factorbooks product and package scope list. For current pricing and additional requirements, request a quote.

Solutions that include this module

Supplier Relationship Management: frequently asked questions

Which packages include Supplier Relationship Management?

Available in ERP from Micro Business; some features unlock in higher tiers. All features are included from Small Business. See the comparison table on this page for package-level details.

Which modules is Supplier Relationship Management used with?

Supplier Relationship Management runs on the same platform as these modules: Purchase Request Management, Purchasing Management, Risk Management. This module is a step in the "Purchase request to payment" process chain.

How do I request a demo of Supplier Relationship Management?

Just mention the module you are interested in and your needs in the demo request form. Our sales team will prepare the demo around this module and the related processes.

See Supplier Relationship Management in a live demo

In a live demo we walk through your priority processes together and clarify the package and module scope that fits your needs.

Get in touch with Factorbooks

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