Streamline Supplier Relationships with Prakvi’s Vendor Management System

Effective vendor management is key to cost savings and quality assurance. Prakvi offers a comprehensive Vendor Management System (VMS) in India to centralize vendor data, track performance, streamline procurement, and ensure compliance. Our platform supports vendor onboarding, contract renewal, and lifecycle management with automated workflows, real-time analytics, and secure cloud access to reduce risks and strengthen vendor relationships.

Explore Services Our Process

Prakvi VMS – A Smarter Way to Manage Vendors

We offer comprehensive Vendor Management System solutions tailored to your business needs

Seamless Vendor Onboarding

Automate registrations, approvals, and document verification to onboard vendors effortlessly.

Centralized Vendor Database

Maintain a single source of truth with real-time vendor data, contracts, and compliance records.

Automated Procurement & Workflows

Streamline purchase orders, approvals, invoicing, and payments to enhance efficiency.

Performance Monitoring & SLA Tracking

Evaluate vendor KPIs, contract adherence, and service levels with real-time analytics.

Risk & Compliance Management

Ensure adherence to regulatory standards, mitigate risks and enforce contractual obligations.

Seamless Integrations

Connect VMS with ERP, finance, and supply chain systems for end-to-end visibility.

Data-Driven Insights

Leverage AI-powered analytics for vendor evaluation, cost optimization, and risk assessment.

Key Features of Our Vendor Management System

Optimize, automate, and elevate vendor operations for measurable business impact

Assessment & Strategy

We begin by evaluating your current vendor management practices, identifying challenges, and aligning the VMS strategy with your business goals for optimal results.

1

Platform Design & Customization

Our team designs a tailored VMS framework that includes procurement automation, contract workflows, and compliance structures specific to your operational needs.

2

System Development & Integration

We build and integrate the VMS with your existing infrastructure, ensuring real-time data flow, scalability, and seamless interaction with procurement and finance systems.

3

Testing & Validation

Thorough validation is conducted to ensure the VMS is reliable and secure. This includes performance testing, vendor onboarding simulations, and compliance checks.

4

Deployment & User Training

The system is deployed with proper configuration, access controls, and training sessions for stakeholders to ensure effective adoption and immediate operational impact.

5

Ongoing Optimization & Support

Post-launch, we offer continuous support, performance analytics, and feature enhancements to adapt the VMS as your business evolves and vendor dynamics shift.

6

Vendor Management System (VMS)

Optimize, automate, and elevate your vendor ecosystem with a powerful, strategic platform.

Procurement
Contract Management
Performance Monitoring
Efficiency Tools
Automated Purchase Requests
Supplier Onboarding
Sourcing Workflow
Vendor Portal
Automated Approvals