ReqRoute’s vendor management solution enables our clients to optimize costs, drive service excellence and reduce risks to gain increased value. This helps clients meet business objectives, minimize potential business disruption, avoid deal & delivery failure, and ensure more-sustainable vendor management model.
Our Vendor Management Solutions provides a truly collaborative platform that offers visibility and enables management of complex services spend. Our vendor management offerings help our clients focus on their core business while we manage all their suppliers by consolidating them under one umbrella. Contract management is a highly complex activity and with ever changing legislation, payroll problems & complex compliance laws it is becoming highly challenging for companies to manage vendors / contractor workforce directly.
Vendor Consolidation: Consolidation of all vendors / suppliers under one umbrella to ensure better management.
Vendor Contract Management: ReqRoute negotiates and manages all vendor contracts to reduce risk that our clients can get into by signing contracts with multiple vendors.
Compliance Management: We manage all vendor / contractor compliance in terms of ensuring right work authorization, insurance requirements etc.
Client Spend consolidation: Client Accounts Payable doesn’t need to deal with multiple vendors anymore. We invoice a consolidated amount to our client and manage all vendor payments.
Resource Tracking & Procurement through vendors: All contingent or full time workforce are acquired by us using the army of suppliers consolidated under our umbrella.
Invoice management: All vendor invoices are managed and paid by ReqRoute.
Timesheet management: Contractor timesheets are properly tracked to ensure that billable hours are appropriately captured for contractor / vendor payments are made accordingly.
I9 Compliance: As mentioned above, we ensure that contractors have proper work authorization and are legally eligible to work in the country. I9 compliance management insures the tracking of this requirement.