How Basware's Supplier Management Solution Can Help
Knowing who your suppliers are, recognizing when change happens, and providing timely notifications to enable early action are all important for a healthy supply chain. The enormous amount of new and frequently changing supplier data makes it tough to keep up and manage these processes manually. Incorrect information can lead to late payments and supplier disputes, while poor supplier management processes can open the door for fraudsters, unauthorized updates, and eventually payment fraud.
Basware Supplier Management helps mitigate supplier risk, while improving supplier collaboration, enabling organizations to more effectively manage their supply base to maximize value and minimize risk.