About Velocious Supplier Portal
Velocious Supplier Portal is a cloud-based software from Velocious that supports supplier management and communication. It provides features such as real-time data sharing, simplified document management, and performance tracking so suppliers can efficiently manage their relationships.
Velocious by Avaali is an intelligent, AI-driven Source-to-Pay automation platform designed to simplify procurement processes for upper mid-market and large enterprises. The platform centralizes sourcing, supplier onboarding, contract management, and accounts payable automation into a unified, ERP-agnostic solution. By leveraging AI-powered OCR for invoice processing and configurable rule engines for e-sourcing, Velocious aims to reduce manual effort, accelerate supplier adoption, and ensure regulatory compliance. It is built for enterprise scale with ISO 27001:2022 certification and offers flexible deployment options, including cloud and on-premises. While the platform provides robust analytics and integration capabilities with major ERPs like SAP and Oracle, its primary focus is on improving operational agility and supplier collaboration through an intuitive user interface.
Pros & Cons
- +The platform offers seamless integration with major ERP systems including SAP and Oracle.
- +Automated invoice processing with AI-powered OCR significantly reduces manual data entry.
- +The intuitive UI/UX is designed to facilitate rapid supplier adoption.
- +Built-in compliance controls help enterprises adhere to tax and regulatory norms.
- +The solution provides real-time visibility into spend patterns and supplier performance.
- −Pricing information is not publicly available and requires contact with the sales team.
- −The platform is primarily targeted at upper mid-market and large enterprises, which may limit its suitability for very small businesses.
- −Advanced customization may require significant configuration effort during implementation.
Features
Key features
- Accounts Payable Automation
- Processes invoices with AI-powered OCR across portal, email, or scanned uploads to streamline approval workflows.
- Supplier Onboarding
- Uses structured forms and multi-level approval workflows to ensure accurate and compliant supplier data collection.
- E-Sourcing Management
- Manages RFQs and reverse auctions using a configurable rule engine to enable faster supplier evaluations.
- Contract Management
- Authorizes, approves, and tracks contracts in a centralized environment to ensure consistency and compliance.
- Spend Analytics
- Visualizes spend patterns across categories and plants through intuitive dashboards for actionable insights.
Additional features
- Catalog Management
- Provides hosted catalog management with fast uploads and advanced search for policy-compliant purchases.
- Supplier Experience Portal
- Offers suppliers PO visibility, ASN creation, and invoice uploads for transparent collaboration.
- Role-Based Access
- Ensures users only view data relevant to their role through granular permissions.
- Audit Trail
- Logs every transaction and user action to support transparency and compliance readiness.
- Data Encryption
- Protects all data using strong encryption protocols for secure information handling.
- Multi-Cloud Deployment
- Supports flexible hosting environments including public cloud, private cloud, or on-premises.
- Automated Validations
- Guides invoice processing with built-in validations to reduce manual effort and errors.
- Digital Signature Verification
- Facilitates secure document signing and verification within the supplier experience flow.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Velocious Supplier Portal
Velocious Supplier Portal is a cloud-based software from Velocious that supports supplier management and communication. It provides features such as real-time data sharing, simplified document management, and performance tracking so suppliers can efficiently manage their relationships.
Velocious Supplier Portal Details
Velocious Supplier Portal's In-App Market Place
Does Velocious Supplier Portal have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (Fr), CNY (¥), SEK (kr), NZD (NZ$)
Pros & Cons
- The platform offers seamless integration with major ERP systems including SAP and Oracle.
- Automated invoice processing with AI-powered OCR significantly reduces manual data entry.
- The intuitive UI/UX is designed to facilitate rapid supplier adoption.
- Built-in compliance controls help enterprises adhere to tax and regulatory norms.
- The solution provides real-time visibility into spend patterns and supplier performance.
- Pricing information is not publicly available and requires contact with the sales team.
- The platform is primarily targeted at upper mid-market and large enterprises, which may limit its suitability for very small businesses.
- Advanced customization may require significant configuration effort during implementation.
Velocious Supplier Portal's Support Options
Email Address
info@avaali.comContact
+91 (0)8045678901Velocious Supplier Portal's Alternatives
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