Canopy's Vendor Master Record shows you exactly who your suppliers are
Where is your supplier data stored? Is it even up-to-date? Accurate and reliable information is vital to manage supply chains effectively.
Can you easily find their information?
Have they all been appropriately risk-assessed?
When did you last check their insurance credentials?
Good business is built on good decisions. To make the right calls, you need accurate and up-to-date supplier information at your fingertips. But most companies don’t!
Canopy ensures you know all you need to about your suppliers
Canopy gives you complete visibility and control of your suppliers.
It brings the whole business together around a single, trusted Vendor Master Record, so everyone knows what’s going on and stakeholders can access the information they need in a secure manner.
Ongoing Risk Monitoring
From bank details to certifications, contracts and insurances, all your supplier information is managed and accessed centrally from the Vendor Master Record.
Automated Monitoring & Alerts
In-built automations ensure credentials are monitored continuously and alerts are triggered immediately when risk is elevated.
Eliminating Non-compliant Trade
Connecting Canopy with your ERP allows breaches of risk and compliance rules to suspend new purchase orders (POs) and trigger payment hold, eliminating non-compliant trade.