Vendors are organisations that sell services and products to your company.
Vendors must be uploaded before acutal spend is uploaded. When uploading actuals, the data will be checked against this vendor list to ensure vendor are active.
|
Field Name |
Description |
Mandatory |
|
Vendor Code |
The Vendor Code used by the Financial Management system to track the company providing the product or service. |
Yes |
|
Vendor Name |
The name of the Vendor |
Yes |
|
Annual Target Spend |
Client defined annual target spend on a specific vendor |
No |
|
Contract Rate |
The hourly rate of the vendor if the contract is based on hours |
No |
|
Service Location |
The location where the service is performed |
No |
|
Function |
A high-level categorization of the function that the vendor provides. Example: Consulting, Hardware, IaaS/PaaS, Leasing, Managed Service Provider, SaaS, Service Provider, Software, Staff Augmentation. |
No |
|
Location |
The location of the vendor |
No |
|
Manager |
The internal person who manages the vendor relationship |
No |
|
Owner |
The internal person who owns the vendor budget |
No |
|
Primary Service |
The service provided by the vendor |
No |
|
Type |
A classification of vendors to provide appropriate management and oversight to optimize pricing and risk. Example: Strategic, Preferred and Transactional |
No |
Go to the templates menu to download a template of an accounts file.