What is Vendor Management?- Definition & Benefits- LogiTax

Vendor Management

Your go-to-solution for all your vendor issues!

Vendor management

Features of Vendor Management solution

Features of
Vendor Management solution
pull gstr2A & gstr2B

Compliance Summary

  • Get vendor’s status - Active/Inactive
  • Know taxpayer’s type- Regular/Composition
  • Vendor’s compliance status
  • Vendor’s filing frequency- Monthly/Quarterly
  • Vendor’s IRN applicability

accuracy

Vendor-wise status

  • Get Vendor ratings
  • Get Unclaimed credit percentage and amounts
  • Get Credit under dispute percentage and amounts

gstr features

Vendor follow-up

  • Take bulk & individual follow-up from your vendor
  • Send automated bulk & individual reminder to vendors

Benefits with the Vendor Management solution

Benefits with the
Vendor Management solution
Real-time tracking 2

Deeper vendor business insights

Vendor related ITC insights, vendor data in graphical representation & export vendor reports.

Vendor tracking

On basis of vendor’s filing pattern you can decide how to proceed further with that particular vendor.

vendor tracking
Easy tracking

Follow-up insights

Create tasks, configure emails, view invoices which have been responded to, are pending, not followed-up, resolved & are having issues according to time & date.

Vendor ratings

Vendor-wise ratings will help you determine how risky it is to work with any particular vendor and also you will be able to know whether your credits are at risk.

Don’t take our word for it. Trust our customers

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LogiTax support team is prompt, experienced and very cordial. They understand customer's problems and provide precise solutions.

Piyush Maheshwari New Leaf Retail Technologies Pvt Ltd

The Data- Back up provided by LogiTax is a total win-win! In our opinion LogiTax is better than anyone else in the market!

Mansi Limbachiya Scentials Beauty Care and Wellness Pvt

I would like to give LogiTax a 5 star rating! The support team has been steady as a rock, be it resolving problems or helping understand the process!

Soumen Mukhopadhyay M/s Ambey Mining Pvt Ltd

The support team was available even on a Sunday! What more can you possibly ask for! Thank you team.

Chitaranjan Mehta Goldseal Saargummi India Pvt Ltd

LogiTax has transformed the way we do our E-way bill & E-invoicing! Real-time tracking & downloadable reports have helped us in getting deeper business insights.

Sagar Mandavia Ankit Silicate

We have been with Logitax since E-invoicing started! And Life has been easier since then! The process is so simple & user-friendly.

Saket Yadav Alisha Torrent Closures India Pvt Ltd

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      FAQ’s

      Vendor management is the process that empowers to take appropriate measures for controlling cost, reducing potential risks related to vendors, ensuring excellent service deliverability and deriving value from vendors in the long-run.
      Vendor management plays a key role when it comes to selecting the right vendor for a particular business need. In addition, companies can use vendor management to achieve business goals, such as harnessing opportunities for cost savings. Beyond this, an effective vendor management process can help companies build stronger relationships with their vendors.
      A good vendor management software will help you keep track of vendor performance, compliance status, vendor insights and streamline communication. It can also help you automate follow-ups.
      Vendor payments are when a business pays outside suppliers or vendors to buy goods, services, or both. They do this by setting up a process and system that works for the business. Invoices will be sent to the business from the vendor after the business gets the goods or services.
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