VendorMach transforms supply chain management by digitizing manual work flows using the cloud and AI algorithms to unify millions of disparate information. The benefits are increased working capital, improved security, real time exceptions management and business continuity.
Our unique advantage is the proprietary VendorMach Trust Score™, a measure of supply chain trust and operational health. Large and midsize enterprise CFOs or procurement teams (buyers) use the VendorMach cloud platform to benchmark suppliers, reduce the cost of on-boarding, spend management, ensure business continuity and comply with third party regulations.
Supply Chain Challenges
The finance and IT systems that support the supply chain are largely paper based and disconnected. Over 80% of the time spent by large enterprises to update supplier or vendor information, monitor compliance and verify invoices is manual. $12B is lost every year due to invoice fraud. Limited supply chain visibility make it difficult for CIOs and CFOs to spot exceptional activity such as fraud, breaches and efficiency savings opportunities in the supply chain
The VendorMach Platform
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