In a strategic move to streamline vendor onboarding, procurement transparency, and supply chain coordination, leading oil and gas equipment manufacturers in Singapore have successfully implemented the Raapyd Vendor Management Portal (VMP).
This deployment of vendor management solution comes at a time when the oil and gas industry is under increasing scrutiny to optimize supply chains and embrace digital transformation. Raapyd’s platform not only accelerates procurement cycles but also strengthens audit trails and supplier risk management—critical in the heavily regulated energy equipment space.
Streamlining vendor onboarding
The company faced a series of operational and compliance challenges that hindered supply chain efficiency. The vendor onboarding process was largely manual, leading to delays, data inaccuracies, and inconsistencies across supplier records. Managing vendor compliance with regulatory and safety standards proved to be time-consuming, especially given the complex documentation and certification requirements in the energy sector. Procurement teams struggled with fragmented communication channels, which resulted in missed updates, delayed approvals, and difficulty in tracking supplier performance metrics.
Our Solutions
Seamless Vendor Onboarding: Simplified the registration process with customizable forms, document uploads, and automated verification workflows.
Centralized Vendor Database: Enabled quick access to vendor profiles, performance metrics, and documentation through a single, unified platform.
Automated Workflows & Approvals: Replaced manual processes with intelligent routing for approvals, alerts, and notifications—reducing time-to-activation.
Real-time Communication Hub: Fostered direct communication between procurement teams and vendors, improving transparency and reducing delays.
Accely, a global technology consulting services and digital transformation services provider, delivers intelligent enterprise solutions designed to automate, simplify, and accelerate critical business functions across industries. Backed by Accely’s global SAP expertise, Raapyd empowers organizations with AI-driven efficiency and real-time visibility—transforming procurement, supply chain, HR, finance, and more.
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