Challenges
- Difficulty in onboarding and managing multiple vendors
- Lack of visibility into vendor performance and SLA compliance
- Manual tracking of contracts and associated documents
- Inefficient assignment of work orders to vendors
- Limited analytics for vendor KPIs and cost optimization
- Poor integration with procurement and inventory systems
Service Overview
Vendor Management in iWaaTech is designed to streamline vendor operations, enforce SLAs, and improve accountability across facility management workflows. It provides a centralized platform for managing vendors, technicians, and associated work orders.
Service Highlights
- Centralized Contract Repository
- Contract Scheduling & Alerts
- Performance Dashboards
- Vendor & Stakeholder Management
- Terms & Conditions & SLA Tracking
- Seamless Integration Capabilities
- Approval Workflows
- Performance Monitoring & KPIs
- Document Management.
Business Benefits
- Improves compliance and reduces contractual risks.
- Enhances transparency and accountability in vendor relationships.
- Automates alerts for timely renewals and milestone tracking.
- Provides a single source of truth for all contract-related information.
- Audit Readiness
