Thursday, December 14, 2017

Total Supplier Management: Automation, Integration, and Improved Experience for Procurement Customers and Vendors

Procurement and Supplier Diversity Services has been working to implement a new portal invoicing system to replace Transcepta. The portal represents one step toward in an ongoing initiative to streamline the procure-to-pay process, called Total Supplier Management (TSM), a tool that will streamline and automate vendor registration and payment. TSM will provide benefits to both vendors and UVA customers.

The invoice portal provides automation to our vendors. Electronic invoices mean increased payment discounts and increased accuracy. Schools and units will also benefit from the clear PO and invoice visibility they have within the portal. Because of error reduction and being able to track their documents, vendors won’t have to contact departments with payment questions.

As PSDS continues TSM adoption, UVA customers will notice additional benefits in the first quarter of 2018, as we invite vendors to register within the system. Vendors will self-register, reducing your administrative tasks, and because the process will be by invitation only, you’ll see much less clutter when you’re shopping (only vendors we actually use will appear!). You’ll also be able to search by commodity, making it easier to find what you’re looking for.

Questions or concerns? Let us know; we’re happy to help! Give us a call at 434-924-4212.

Read more:

Cleanup of inactive purchase orders as part of TSM transition

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