Supplier Information Management

Centralized platforms for managing supplier information beyond basic Accounts Payable data need to pay suppliers. SIM solutions serve dual purposes as both Master Data Management (MDM) systems for supplier data, and also as process-centric solutions for supplier self-registration, qualification, certification (e.g,. insurance certificates, quality certifications, etc.), and supplier discovery (e.g,. to build an internal supplier network beyond just current active suppliers).