Features of Resource Tracking
Centralised Database
This feature ensures easy access to vendor details and facilitates efficient resource tracking including contact details, company profiles, certifications, qualifications, and performance history.
Benefits
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Streamlined Vendor Onboarding
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Enhanced Vendor Evaluation
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Improved Vendor Risk Management
Onboarding and Approval
Track and manage vendor applications, documentation, compliance requirements, and approval workflows.
Benefits
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Improved Vendor Qualification
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Efficient Approval Workflow
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Vendor Relationship Management
Improved resource forecasting
Predict and estimate the resources to help organizations plan and allocate resources more effectively.
Benefits
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Accurate Resource Planning
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Improved Project Timelines
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Scalability and Flexibility
Compliance and Risk Management
Track vendor certifications, licenses, insurance, and conducting risk assessments.
Benefits
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Contractual Compliance
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Risk Identification and Mitigation
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Vendor Performance Monitoring