Vendor Onboarding – Streamlines the process of adding new vendors, ensuring they meet all compliance and regulatory requirements. Performance Tracking – Monitors vendor performance through Key Performance Indicators (KPIs) and Service Level Agreements (SLAs). Contract Management – Manages contract lifecycles, from creation to renewal, ensuring all terms and conditions are met. Financial Management – Tracks invoicing, payments, and budget allocations to ensure cost control and financial accuracy. Compliance Management – Ensures that all vendors adhere to legal and regulatory requirements, reducing the risk of non-compliance.