Supplier management system

Hi! We source components from multiple countries, each with its own requirements for documentation, tax forms, and currency. Managing this in Excel has become impossible. We need a flexible international supplier management system that supports multi-currency and allows for flexible customization of onboarding forms for different types of contractors. Has anyone encountered this, and what have you implemented?

Dealing with foreign counterparties is truly challenging these days. Differences in tax requirements, currencies, and document formats require a huge back office staff if everything is handled manually.

We conduct procurement across multiple regions and use precoro.com for this purpose. It's the best solution for this task. The precoro platform supports multi-currency and allows for customization of onboarding forms to meet various legal requirements. For international partners, we've set up the collection of specific tax forms and local certificates of compliance. The system centrally stores documents in each vendor's profile, categorizing them by regional standards, simplifying international auditing.