All-in-One Vendor Management on a Global Scale

Efficient IT vendor sourcing and supplier procurement
Optimize Vendor Management with Our Solution
Efficiently sourcing multiple vendors and managing their work without straining other operational processes is the new normal of a modern supplier procurement. If you have many service providers and contractors in a variety of jurisdictions, a vendor management solution is what you need to optimize costs and processes.
Global Hiring and Recruitment Solutions
Our Global Hiring and Recruitment service caters to the unique needs of organizations in search of engineering talent.

Benefits of Vendor Management System

GEOR’s vendor management software is your door to a more productive and rewarding relationship with the full range of employed vendors.

  • Cost savings and control

    GEOR experts will assume full responsibility for all vendor management aspects, thus letting your in-house staff concentrate on core business tasks. All processes occur under your close guidance.

  • Access to the global tech talent pool

    We can provide a legal entity in any country to help your business partner with vendors of interest on a fully legal and compliant basis. No restrictions by location; you can work with any vendor without legal constraints.

  • Effective scheduling and time tracking

    The ERP platform is equipped with smart, configurable modules for vendor task scheduling and task tracking. Keep all your vendor operations under rigorous control with this comprehensive cloud-based resource.

  • Risk management

    Third-party risks are immense, as you may lose tons of money by hiring the wrong contractor. GEOR recruiters scan the potential candidacies to eliminate misclassification risks and onboard only qualified staff.

  • Risk mitigation

    Third-party risk is an ever-present element of working with a contingent workforce. GEOR scanning of vendor reputation and track record allows for minimizing those risks and partnering only with top-tier talent.

  • Process automation

    Our ERP system simplifies policy and procedure automation with standard yet customizable tools and steps. You can easily set up onboarding and management workflows to communicate vendor roles and responsibilities.
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Why choose GEOR

Vendor contract management is a complex aspect of any distributed business’s activities, and GEOR is ready to assume full responsibility for this part of your routines. Here are the capabilities of our suppliers management services and tech resources.
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Features of Vendor Management Solution

These and other features are available to our clients

Vendor management Platform

GEOR offers a user-friendly, easily configurable vendor management application that you can fine-tune to your industry and business needs, which is an all-in-one place for vendor communications and management.

Labor forecasting

The contingent workforce lifecycle differs from that of permanent staff. GEOR experts conduct labor forecasting dynamically to predict staff shortages and take proper measures to find new vendors in advance.

Absence management

Absenteeism is the evil of a remote workforce that GEOR professionals can address. With efficient time and performance tracking tools, we’ll ensure that all vendors are on task and perform their duties in line with the schedule.

Overtime management

Overtime calculations are also subject to complex taxation and legislative regulations in various countries. GEOR has a smart adjustment system to ensure your vendors work overtime in full legal compliance.

Regulatory compliance

Compliance mechanisms for contractor workforce vary across jurisdictions, and we at GEOR know everything about vendor compliance management and make all hiring processes legally compliant.

Vendor data management

Our ERP platform contains all the data about vendors, is neatly organized, and is available through your admin dashboard. You can always access full vendor records in one cloud-based resource with convenience.
Proven Supplier
We are committed to high quality standards
  • ISO 9001 is an International quality management system standard that helps organizations ensure that they meet the needs of customers
  • The ISO 27001 standard aims to secure people, processes, and technology via three main guiding principles: confidentiality, integrity, and availability
  • ISO 45001 is an International Organization for Standardization standard for management systems of occupational health and safety

Stages of Vendor Management

We employ an easily traceable, standard algorithm for organizing our vendor management services. This way, the process becomes transparent and predictable.
1
Needs identification
We begin the process of vendor management for small business and large organizations the same way: with the identification of business needs you want to address by hiring new vendors.
2
Requirements preparation
Your business needs lay the foundation for requirements, which are shaped into a well-structured document for vendor review and evaluation of the work costs and deadlines.
3
RFX process
GEOR managers send out requests for proposals and bids for the identified scope of work. They interact with vendors and negotiate optimal contractual terms and costs to find the best match.
4
Vendor screening
Once the initial list of suitable vendors is identified, the GEOR analysts conduct a full background check to determine the vendors’ integrity and reputation in their respective domains.
5
Due diligence
Due diligence procedures are undertaken to check the vendors’ partnerships with other companies across multiple jurisdictions and identify any sources of third-party risks you may incur.
6
Compliance
GEOR experts check all local compliance frameworks and regulations that govern your contractual agreements with the selected vendor. They prepare proper documents for the vendor’s agreement with GEOR’s local legal entity.
7
Onboarding
The GEOR team welcomes new vendors to its ERP platform with a standardized onboarding workflow, where you can introduce business-specific adjustments that suit the vendor’s specific roles and responsibilities.
8
Time and cost management
The all-in-one GEOR platform enables convenient monitoring of your projects’ timelines and dynamic cost management across multiple vendors to let you stay within the budget and optimize costs.
9
Billing and invoicing
Advanced tech features of the GEOR management platform enable seamless bill management, payroll, taxation, and invoicing operations without concern about regulatory heterogeneity.
10
Monitoring
The whole workforce lifecycle becomes fully visible for you on a single source of data – the ERP platform uniting GEOR managers, all your vendors, and you as the main curator of the process.
Additional Benefits You Can Get
You can delegate all vendor management hassle to GEOR while staying in the loop at the same time. We deliver timely progress reports and keep you informed via the admin dashboard in the ERP system
  • Vendor loyalty
    Increase vendor loyalty through clear, predictable workflows, interactions, and processes.
  • Enhanced performance
    Vendors tend to perform better once they have a user-friendly, intuitive platform for interaction with customers.
  • Supply chain resilience
    Identify mission-critical aspects, reduce third-party risk
  • Operational continuity
    Unify processes to simplify workflows and enable efficient vendor onboarding

Get in Touch

Transform your vendor relationship management with GEOR's fully organized all-in-one service offering.
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