A proprietary product of Lonar Technologies – Vendor Portal is a web based portal made for vendor data management, registration , ASN- Receipt creation and invoice processing. Vendor portal helps in bridging the gap between the vendors and the organization. All of the vendors in the organization can be streamlined effectively by having complete transparency.
Key Features of V-PAL
Easy vendor on-boarding
Single point for vendor to – Receive PO , Create Invoice and Track Payment Status
Facilitates Creation of ASN by Vendor to Receiving by Organisation
PO Based/ Non-PO Based and OCR based Invoice Creation
Seamless integration between ERP and vendor portal for all transactions
Increase in vendor confidence due to the transparency in transactions
Reduce vendors inbound calls drastically
Configurable vendor forms and e-workflows (approval hierarchy)
Quick and Effortless implementation
Chat functionality between Vendor and Organisation as well as Broadcast message
Audit trails on masters and transaction changes
Self / Third party delegation of approvals
Vendor Empanelment Workflow
Invite, register and manage vendor data
Automated email notifications for employees and vendors
Blocking and Unblocking of vendors through e-workflow
Easy withdrawal of vendor invitation before approval
Paperless and hassle-free registration
Vendor can upload business and product catalogs / information
Vendor can upload KYC details
Mail notification for each level of e-workflow
Integration with ERP system
ASN- Receipt Flow
Reduce receiving cost and time dramatically
Eliminate manual data entry considerably
ASN facilitates knowing the material being shipped and the time of delivery, allowing organization to plan their business around it.
Speeds up dispatch and delivery.
Keeps all involved parties informed about the material in transit
Identify discrepancy between the expected quantity and actual delivered quantity empowering the receiver to take appropriate action
Key Features of Invoicing Flow
Vendor can view their respective POs and download as PDF
Generate Invoices manually (PO Based / Non PO Based)
2-way and 3-way matching against PO
Rule-based validation for sending the invoice to ERP system
Ability to attach documents while generating invoices
Ability to track payment status against raised Invoice from ERP system
Minimizes error rates by reducing human intervention in Invoice processing.
GST compliant invoices.
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