Vendor File Management

Vendor File Management

Empaur is a vendor file management solution that helps businesses save time, maximize pricing opportunities, and improve supplier relationships. All are done through the Acuri AI platform, which uses artificial intelligence to collect and analyze data. 

The Acuri AI platform provides a comprehensive view of your vendors across all your companies and divisions, so you have all the information you need in one place. It’s an easy-to-use, on-demand, enterprise-wide single source of truth for suppliers.

Master Vendor Superpower

single source of truth for supplier data

vendor file master data

single source of truth for supplier data

  • Ensure quality of supplier processing.
  • Gain insight into your supplier relationships
  • Drive compliance with regulations and internal controls
  • Drive corporate form compliance.
  • Note and track supplier risk.
  • Reduce payment errors.
  • Reduce time sourcing event research time

Built on the Acuri AI Platform

Empaur is a vendor file management solution that helps businesses save time, maximize pricing opportunities and improve supplier relationships. This is done through the Acuri AI platform, which uses artificial intelligence to collect and analyze data.

Request a demo today and find out how it can work for your business!

“Cleansing your Master Vendor Files is an Enterprise best practice.”

Jeff Ulanoski – AP Manager

A Comprehensive View of Your Master Vendor File

The Acuri AI platform provides a comprehensive view of your vendors and their contact information in one central repository.

The Empaur solution enables users to see vendor performance, deal with outstanding issues and manage vendor relationships more effectively.

Strengthen Vendor management policies and procedures and cleanse your master vendor files.

Easy to Use

Empaur’s vendor portal software is easy to use yet comprehensive and practical. Empaur offers a simple user interface that anyone can navigate with ease.

The Empaur system has been designed for both large international enterprises and small businesses.  

Gain Vendor Visibility and Insights

Empaur’s vendor file management system addresses many issues related to gaining visibility and insights into your vendors’ contact data, critical to maintaining healthy relationships and making accurate payments.

Empaur has automated vendor information management to help you maximize payment recovery procedures, minimize future discrepancies, and reduce resources needed for processing your vendor file. 

Reduce Chances for Fraud

Empaur’s automation software will help reduce your chances of fraudulent activity with its built-in data verification, validation, and exception handling features.

The Empaur Vendor file management solution also will help you create processes to archive inactive vendors and filter your file based on many parameters such as last fiscal year of use, date created, form completed date, date of last payment, organization services, and more.

master vendor file management Supplier information

Strengthen Vendor Relationships

The Acuri AI platform facilitates better vendor relationships by providing visibility and insights into your vendor data. Making it easier to find, cleanse and manage your vendor master file based on their key performance indicators (KPIs) such as credit score, contract expiration date, or industry segment.

Enabling your company to make strategic decisions.

Enhance Content of Your Vendor Master File

The Empaur solution also addresses missing data on any individual vendors’ record and actively connect with external sources to fill those gaps.

Elements like vendor contact, location detail, bank account numbers, phone numbers, and assessment scores are added to make your master vendor file more complete.

Direct and Consistent Communication

The Acuri platform utilizes a proprietary omnichannel communication engine that allows you to send messages to your vendor base through multiple channels in real-time. Designed to deliver targeted and timely communication Acuri’s AI platform gives you an edge over the competition.

In addition, the platform provides a single source of truth for all supplier data with built-in visibility into KPIs so you can make decisions about who should be included in an outreach campaign.

Maximize Pricing Optimization Opportunities. 

The Empaur solution will allow you to segment your vendor master file to facilitate global supplier comparisons to evaluate pricing and performance.

An Acuri Vendor file will also give you visibility into your vendor base, enabling you to integrate your suppliers’ performance with sales performance and supplier-related incidents.

Clean Master Vendor Files enables a Comprehensive Profit Recovery Review

Empaur’s master vendor file cleansing and management, when combined with Empaur Strategic Recovery, improves upon traditional recovery methods by leveraging confirmed vendor relationships to identify duplicate payments, double payments. Purchase order discrepancies and reduce fraud across related vendors in your AP voucher history to maximize recoveries. 

Vendor File Management

Contact us for a Demo

Request a demo today and find out how it can work for your business!