Dynamic Discount Management (DDM) solutions allow businesses to uncover hidden savings opportunities in their supply chains by turning their Accounts Payable (AP) into a cash-generating asset and relevant short-term investment option.
CCP Global and its Partners offer the most innovative and “game changing” DDM solutions available today. These platforms will work seamlessly with your existing ERP and Spend Management systems, with no additional IT infrastructure required. These hosted DDM solutions can typically be up and running in a few short weeks, without the hassle of complex software installations, including:
Vendor Portal – Background
According to a recent Aberdeen Group survey, roughly 15% of your AP clerk’s time is consumed by supplier inquiries, with two of the most common types being payment and invoice status requests. The Vendor Portal immediately eliminates such requests because it allows suppliers to log on and check the status on their own. As a result, AP clerks save valuable time and suppliers get 24/7, real-time visibility into their account.
- Allows suppliers to securely update and maintain their account information (vendor master data)
- Enables dynamic discounting and early payments
- Will immediately be recognized as your vendor portal, branded with your logo and color scheme
- On-demand solution that immediately and seamlessly connects to your ERP.
For more information about our Vendor Portal solution, or other Dynamic Discount Management capabilities, please Contact Us.