V-CARETM

While catering into the global market, vendor capability and reliability are always the two critical criteria to look upon. The success of this critically important function of Purchasing depends on a good, reliable and capable vendor. An improper or incomplete vendor assessment may put the company into financial or legal turmoil. The vulnerability increases when you are dealing with a vendor located outside your geographical limits/distant countries.

Businesses normally do typical first-time verification on the basis of the documents submitted by the vendor, e.g. Company Profile, Product/Price Lists or catalogs etc. Chances are that half of such vendors are phony. Businesses do loose something in this entire game, either money or time, both equals LOSS!!!

ProcessLOGIX has come forward to protect you from such losses:

"V-CARETM" ( "Vendor Capability Analysis & Reliability Estimation")

So when you need to test capability and reliability of the vendor before you place an order on him or pay him. You need to register yourself with ProcessLOGIX for its V-CARETM service.

The two state-of-art services of V-CARETM are...

  • Verification Report (V-CARETM "Verified Vendor")
  • Under this, ProcessLOGIX would run a typical check on the vendor and present you a Verification Report.
  • V-CARETM "Trusted Vendor certification"

    Under this, ProcessLOGIX would run a thorough check on the vendor regarding its credibility, financial strength, technical know-how, organizational setup, Quality systems etc. with regards to the contract in question.

V-CARETM brings you a range of benefits including:
  • Your own representation despite you being physically unable to visit the vendor
    Cost savings in terms of vendor verification
  • A third party angle to ensure foolproof information about the vendor
    Protection from potential financial/ legal hassles
Register Today, to ensure smooth purchasing transaction with your vendors!

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