Nimblex vs. Vendor Management System Comparison Chart

The Procurement of milestone, deliverable and hourly based contracts have their own set of unique needs. Whether it be separate geographical, operating and business units or statutory and regulatory demands, engaging and managing suppliers and can be a challenge. Covendis developed a Vendor Management Solution (VMS), an intuitive and flexible web- based platform, to help companies and organizations easily engage and manage their SOW suppliers. By streamlining, standardizing, and automating the entire source to pay process, companies and organizations increase their visibility, control, and real-world savings. The Covendis system allows companies to upload into the system Milestones and Deliverables from standard project management tools (like MS project) or use our standard template. Once uploaded, the system then supports the entire requisition to payment process in a closed loop environment. When change orders are required, our clients simply upload their updated project plan.