Enhance supplier relationships with strategic sourcing software
Strong supplier relationships are vital for efficient procurement, and Volopay’s strategic sourcing software equips your team with tools to streamline supplier discovery, onboarding, and performance management, ensuring cost-effective, compliant supply chains.
Tools for supplier discovery and management
Access a global supplier database to find the perfect partners for your needs. Volopay’s strategic sourcing software lets you compare suppliers based on price, quality, and reliability, enabling smart, data-driven sourcing decisions.
In-platform tracking of supplier performance
Monitor supplier performance with key metrics like delivery times, product quality, and cost-effectiveness.
Volopay’s strategic sourcing software provides real-time insights to assess and strengthen supplier relationships.
Streamlined supplier onboarding & approvals
Automate supplier onboarding with workflows for documentation, compliance checks, and approvals.
Volopay’s strategic sourcing software reduces manual effort, boosts efficiency, and ensures suppliers meet regulatory and operational standards from the start.
Simplified RFx management
Simplify Request for Proposal (RFP), Request for Quote (RFQ), and Request for Information (RFI) processes with Volopay’s centralised RFx management.
Manage and evaluate supplier responses easily to secure the best value for your business with strategic sourcing software.
Streamline sourcing today—empower your procurement team!
Contract management interface
Store and manage all supplier contracts in one place. Volopay’s strategic sourcing software streamlines contract creation, negotiation, and storage, minimising errors and ensuring compliance throughout the contract lifecycle.
Tools for risk management and compliance
Mitigate supplier risks with Volopay’s strategic sourcing software, which monitors compliance with internal policies and external regulations in real time.
Proactively identify risks to maintain a secure, reliable supply chain.
Effortless procurement system integration
Integrate sourcing and supplier management with your existing procurement system.
Volopay’s comprehensive procurement sourcing software solution connects to popular tools, ensuring unified workflows and smooth data exchange across processes.
Financial stack for business
No more switching between multiple bank accounts and tools to run your smart business. We have combined great software with every service you are using a bank for, to produce a state-of-the-art financial platform.
Empower your employees with physical and virtual cards
Manage and track every dollar that leaves your company
Open a global account with multi-currency payments
Manage vendors, approve invoices and automate payments
Save hours daily, and close your books faster every month
Integrate with the all the tools and software that you use daily
How it works—step-by-step process
Supplier discovery
Search and shortlist suppliers from a global database based on industry, location, or offerings.
Volopay’s strategic sourcing platform simplifies comparisons for optimal procurement decisions.
eRFx and eAuctions
Launch and manage electronic RFx processes and auctions to gather proposals, quotes, or information.
Evaluate responses centrally for transparent, cost-effective sourcing with strategic sourcing software.
Supplier onboarding
Streamline onboarding with automated workflows for compliance checks, document collection, and approvals, ensuring error-free supplier integrations with strategic sourcing software.
Contract negotiation and management
Negotiate, create, and store supplier contracts in a secure, centralised repository.
Volopay’s strategic sourcing platform ensures easy access and effective contract management.
Performance monitoring
Track supplier performance with real-time metrics on delivery, quality, and cost.
Volopay’s strategic sourcing software offers clear insights to optimise supplier relationships.
Risk assessment
Evaluate supplier risks by checking compliance with regulations and policies.
Volopay’s strategic sourcing software enables proactive risk management to protect your supply chain.
Reporting
Generate detailed reports on supplier performance, procurement processes, and sourcing efficiency.
Volopay’s strategic sourcing software provides actionable insights for continuous improvement.
Transform sourcing with Volopay—maximize efficiency today!
One solution, endless possibilities: Volopay for diverse industries
Healthcare
Volopay streamlines sourcing for healthcare providers, finding reliable suppliers for medical equipment, pharmaceuticals, and services.
Automated compliance ensures regulatory standards, enhancing procurement efficiency with strategic sourcing software.
Technology
Tech firms simplify supplier selection for hardware, software, and services with Volopay’s strategic sourcing software. eRFx and contract tools help source innovative solutions while controlling costs.
Construction
Source materials, equipment, and subcontractors efficiently with Volopay’s strategic sourcing software.
Performance tracking and risk management ensure timely, high-quality deliveries compliant with regulations.
Hospitality
Volopay helps hospitality businesses source food, amenities, and equipment seamlessly.
Contract management and performance tracking ensure quality and efficiency across vendors with strategic sourcing software.
Logistics
Optimise sourcing for transportation, warehouse equipment, and fleet maintenance with Volopay’s strategic sourcing software.
Performance and risk tools ensure cost-effective, timely operations.
Retail
Volopay simplifies sourcing for retail, accessing global suppliers for products and services.
Contract and performance tools manage seasonal demand and inventory with strategic sourcing software.
Procurement for all: Volopay’s flexible solutions
Small businesses
Volopay empowers small businesses with access to global suppliers, simplified onboarding, and automated compliance, enabling efficient supplier management and growth with strategic sourcing software.
Growing companies
Scale sourcing with Volopay’s flexible strategic sourcing software. Onboard suppliers, manage contracts, and optimise processes to maintain control as your business expands.
Enterprises
Manage complex supplier networks with Volopay’s strategic sourcing software. Automate RFx, track performance, and mitigate risks for compliant procurement across regions and departments.
Why Volopay?
Enhanced supplier selection
Volopay’s global supplier network helps you choose the best partners based on your criteria, improving procurement decisions and fostering strong relationships with strategic sourcing software.
Cost efficiency
Automated eRFx and onboarding reduce manual work, while better deal negotiations boost profit margins, making Volopay’s strategic sourcing software a cost-effective solution.
Strong supplier relationships
Monitor and optimise supplier performance with Volopay’s strategic sourcing software, ensuring consistent quality and reliability for long-term partnerships.
Security & compliance
Volopay’s strategic sourcing software ensures compliance with regulations and policies, protecting supplier data and keeping your business audit-ready with automated checks.
Increased agility
Streamlined workflows in Volopay’s strategic sourcing software enable quick adaptation to market changes, with automated onboarding and risk assessment for responsive sourcing.
Improved transparency
Centralised procurement data and detailed reporting in Volopay’s strategic sourcing software provide clear visibility, empowering informed, strategic decisions.
Consistently rated at the top
We have been consistently rated at the top as a leader in AP automation, expense management, and procurement by our customers.
We are committed to provide modern financial solutions to startups and enterprises with the best customer experience and smooth implementation across your organization ensuring compliance and productivity.
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