PortalsPro Advanced Procurement
PortalsPro by Tvarana provides a single portal for vendors, customers and employees – all built on the NetSuite platform. It is a secure, web-based, self-service solution which users can access to submit invoices, initiate payments, resolve disputes, and engage and communicate with their teams.
- Using the Advanced Procurement feature, companies can raise an RFQ from within NetSuite and share it with vendors on a secure portal.
- From the vendor portal, vendors can review RFQs along with all other transactions and PortalsPro functionalities available
- PortalsPro’s vendor portal offers secure access to vendor data without the need for a NetSuite license
- RFQs can be created for multiple items with multiple tiers of quantities and can be shared with vendors.
- Both company and vendor can collaborate on documents while requesting for or responding to a quote
- Once the vendor has been selected and awarded, customer quotes can be created.
- When the customer quote is converted to a sales order, a Purchase Order is generated automatically based on the quoted pricing of the vendor.