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Average Ratings 0 Ratings
Description
The Source-to-Pay (S2P) process represents a comprehensive sequence of activities that link an organization with its suppliers, initiating with the identification of suitable suppliers to meet specific needs, followed by negotiations and contract agreements for the acquisition of goods and/or services. This process concludes with the invoicing and payment to these suppliers. S2P also involves strategic procurement processes, including spend analysis, sourcing, contract management, and supplier management, which addresses supplier information, risk assessment, and performance evaluation, along with downstream tasks such as electronic procurement, purchase orders, invoice automation, and accounts payable operations. Organizations leverage the Source-to-Pay framework to minimize expenses, mitigate risks, foster innovation, enhance supplier partnerships, and achieve a range of other objectives. Additionally, Ivalua’s Source-to-Pay platform streamlines and digitizes the entire process across all categories of spending and supplier relationships, thereby improving efficiency and effectiveness in procurement activities. This holistic approach empowers businesses to respond quickly to market changes while optimizing their supply chain management.
Description
VeriSupplier serves as a comprehensive tool for international buyers, importers, and eCommerce enterprises, focusing on the verification of suppliers in China and analyzing procurement risks.
By employing a thorough analysis of data from multiple sources, it identifies potential fraud risks, assesses the legitimacy of businesses, and highlights inconsistencies in procurement prior to any payment.
Key functionalities include:
- Verification of suppliers from China and checks for legitimacy
- Detection of fraudulent activities and scams related to suppliers
- Conducting due diligence and background checks on suppliers
- Validation of factory and company identities within China
- Analysis of risks associated with payments and transactions
- Cross-referencing registration, trade signals, and online reputations
- Rapid screening of suppliers using their company name, website, or links from marketplaces like Alibaba
VeriSupplier produces detailed risk reports, empowering buyers to minimize procurement risks effectively before making deposits or entering into contracts, ultimately fostering more secure business transactions in the international marketplace.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
Aprovall
Yes
Beamy
Yes
Docusign
Yes
Entrio
Yes
Fairmarkit
Yes
IntegrityNext
Yes
Leah
Yes
Lemon Learning
Yes
Procure Ai
Yes
Punchout Catalogs
Yes
Integrations
Aprovall
No
Beamy
No
Docusign
No
Entrio
No
Fairmarkit
No
IntegrityNext
No
Leah
No
Lemon Learning
No
Procure Ai
No
Punchout Catalogs
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Pricing Details
Free
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Ivalua
Founded
2000
Country
United States
Website
www.ivalua.com
Vendor Details
Company Name
VeriSupplier Inc.
Founded
2024
Country
China
Website
verisupplier.com
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
Yes
Electronic Signature
Yes
Full Text Search
No
Government Contracts
No
Pre-built Templates
Yes
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
Yes
Procurement
Asset Management
Yes
Auction Management
Yes
Bid Management
No
Budget Management
Yes
Catalog Management
Yes
Contract Management
Yes
Inventory Management
No
Invoice Processing
Yes
PunchOut
Yes
Purchase Order Management
Yes
Receiving
Yes
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
Yes
Supplier Management
Yes
Purchasing
Catalog Management
Yes
Compliance Management
Yes
Contract Management
No
Inventory Management
No
Invoice Processing
Yes
PunchOut
Yes
Purchase Order Management
Yes
Requisitions & Approvals
Yes
Sourcing Management
No
Spend Management
Yes
Supplier Management
Yes
Spend Management
Approval Workflow
No
Budgeting / Forecasting
No
Expense Tracking
Yes
Multi-Currency
No
Prepaid Cards
No
Procurement Management
Yes
Receipt Management
No
Spend Analysis
Yes
Spend Control
No
Supplier Management
Yes
Vendor Management
Audit Management
Yes
Contact Management
Yes
Customer Database
No
Self Service Portal
Yes
Supplier Master Data
Yes
Transaction History
Yes
Vendor Maintained Profiles
Yes
Vendor Managed Inventory
No
Vendor Performance Rating
Yes
Vendor Qualification Tracking
Yes
Product Features
Supply Chain Management
Demand Planning
No
Electronic Data Interchange
No
Import / Export Management
No
Inventory Management
No
Order Fulfillment
No
Order Management
No
Sales & Operations Planning
No
Shipping Management
No
Supplier Management
No
Transportation Management
No
Warehouse Management
No