Next Generation Supplier Management Software

SIMPLIFY SUPPLIER REGISTRATION & MANAGEMENT

Leverage our all-in-one vendor management platform to streamline supplier registration, simplify vendor outreach & communication, while maximizing vendor engagement and boosting vendor relationships. 

vendor management software
Supplier Management Software

Managing suppliers Should Not cause headaches

Without the proper vendor management software, you will likely find yourself frustrated and overwhelmed with your current supplier management process. 

You can continue to battle these issues...

Or you can unleash your potential

Here's how

Supplier Management Process

A better, faster way to Manage Suppliers

Streamline Registration

Suppliers quickly register with the system using a step-by-step wizard format. Once registered, they can easily maintain their profile, search for events, and view their past activity.

Increase Engagement

Choose from a variety of methods to notify key suppliers, including commodity categories, custom classifications, geography, and more!

Improve Communication

Easily respond to supplier questions submitted through the system. You have full control over who can see the questions and answers.

Centralize Information

Our supplier management software is configurable to gather the supplier data that is important to you. The system makes it easy to search, categorize and export vendor data.

Simplify Supplier Registration

It takes the average supplier a few minutes to create and register their account in your supplier portal. Our streamlined registration process saves time and ensures accuracy as they get set up in your system.

Supplier Commodity Codes
Duplicate Vendor Account

Keeping you supplier database clean

Intelligent safeguards are in place to ensure your supplier information is accurate and reliable. Our supplier relationship management solution checks the information of current suppliers against information from registering suppliers to prevent duplicates.

Self-Service Supplier Tools

Displayed immediately when suppliers log in, our dashboard quickly informs users of their relevant bid information. From here they will be able to see the status and respond to their bids. Multiple vendor user accounts can collaborate simultaneously on solicitations.

electronic bidding notifications

Simplify communication with suppliers

Built-in outreach tools offer a multitude of options to communicate solicitation information using commodities, categories, diversity, and geographical area. Advanced targeting features help improve engagement and supplier performance.

Track vendor engagement

Gain full visibility into your suppliers’ activities throughout your procurement process with our real-time vendor performance tracking features. Monitor suppliers as they open your emails, make progress on their RFP response, or submit their proposal. Dive deeper with our Audit History functionality that provides a detailed timeline of the users’ actions.

RFP activity
rfp response progress tracking
rfp references
Supplier List Groupings

GROUP & ORGANIZE SUPPLIERS

Organize your supplier database by a variety of logical grouping associations. Organizing your suppliers into custom groups allows you to target a more specific group of suppliers based on your specific needs and/or organizational goals. Organized supplier groups can be saved to a list for continuous reuse. Commodity and Diversity based lists are actively managed and updated in real-time.

Air-tight auditing of the whole process

Gain full visibility into supplier activity with our robust system auditing. Automatic auditing provides you with the details you need when defending a bid protest. Field level auditing across supplier profiles tracks changes made by the users.

Supplier Audit History

Gain Insight into your sourcing data

Being data-driven, our solution is packed with timely analytics. Leveraging accurate data at the right time helps ensure that you are making the best sourcing decision possible and allows you to have confidence in the choices you make. The vendor profile, participation, and performance information is readily compiled into easy-to-read reports that can quickly be exported and distributed to key stakeholders.

Supplier Management KPIs
Supplier Management Reports Dashboard

Track Key Vendor KPI's

Easily track important metrics like suppliers by commodity code, email engagement rates, suppliers by diversity code, and more.

Promote & Report on Diversity

Target, track, and report across any/all minority & diversity codes. Built-in reports display real-time calculations of dollars awarded by classifications & diversity codes.

Eliminate Bottlenecks

Quickly identify solicitations where vendor outreach may be limited, vendor participation is low, or when vendors get stuck in certain stages of the bid process.

Competition Commitment

Unlike other vendor management systems, we refuse to charge vendors needless fees. Since day one we have understood the negative impact of charging vendors unnecessary fees to participate in solicitations. Doing so can significantly limit competition by introducing unnecessary barriers to suppliers. That is why we are proud of and committed to offering these services without charging vendors.

Strategic Sourcing Software

POWERFUL TOGETHER AND SEPARATELY

Packed with powerful esourcing tools, Ion Wave’s strategic sourcing software makes it easy for procurement teams to get the most out of their purchasing and spend management. Choose from our suite of products to build the perfect sourcing solution for your team. 

supplier management software & vendor management software

SUPPLIER MANAGEMENT

SUPPLIER MANAGEMENT

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Electronic Bidding Software & RFP software

ELECTRONIC BIDDING

ELECTRONIC BIDDING

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RFP Evaluation software with software evaluation tools

BID EVALUATION & SCORING

BID EVALUATION & SCORING

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contract management for sourcing

CONTRACT MANAGEMENT

CONTRACT MANAGEMENT

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reverse auction software

REVERSE AUCTION

REVERSE AUCTION

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IWT Single Sign-On (SSO)

SINGLE SIGN-ON

SINGLE SIGN-ON

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Man using strategic sourcing software

Ready to simplify your supplier management?

Frequently Asked Questions

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