Our Services Procurement Solutions
Vendor Management System
The Covendis VMS is a fully integrated, fully configurable, web-based platform that applies best practices of supply chain and sourcing to the unique processes of services procurement. By bringing transparency, efficiency, and accountability to this complex and often unmanaged process, customers have been able to improve quality, increase efficiency, reduce errors and risk, and gain oversight and visibility. Organizations are now able to effectively manage, streamline, and automate from end-to-end (procure-to-pay) their entire services supply chain including:
You can use our software to manage a wide range of services categories including but not limited to:
- › Pricing
- › Online Negotiations
- › E-Requisitioning
- › Workflow
- › eBidding
- › Onboarding/Offboarding
- › Supplier Onboarding and Management
- › Services Renewals/Change Orders
- › Real-Time Evaluation/Reporting
- › Background/Education/Employment Verification
- › Invoice Presentment, Payment, and Distribution
- › Time, Expense, Statement of Work (SOW)/Milestone Management
- › Back-office and Enterprise Resource Planning Integration
Managed Service Provider
While the Covendis VMS is ideal for organizations that want to do it themselves, other organizations are trying to run flatter, leaner, and may not have enough bandwidth to effectively roll out and manage a program. For these organizations, the Covendis Managed Services Program may be a good fit. Covendis takes its proven VMS and dedicates an account team that manages the implementation and integration, rollout and change management, supplier management, quality management, help desk and operations and continuous improvement efforts.
Your organization is able to gain all of the benefits of implementing the industry-leading VMS and focus on results without having to add or divert resources to managing day-to-day operations. Plus your organization benefits from working side-by-side with Covendis professionals that have deep experience and knowledge of the process and work in the VMS every day.
- › Covendis manages the entire process
- › Highest levels of personalized service
- › Open network of suppliers
- › Vendor-neutral program from a vendor-neutral company
- › Reduced implementation and change management risk
- › Continuous quality improvement and process improvement
- › Dedicated account team (fewer internal resources required)
- › Industry-leading VMS owned and operated by Covendis (greater flexibility, responsiveness)