OUR SOLUTIONS

 
 
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VENDOR MANAGEMENT

PERFORMANCE:  

Your suppliers play a major role in your bottom line.

WE DRIVE VALUE managing independent contractors, staff augmentations, temporary workers, and statement-of-work (SOW) projects. We go beyond basic vendor management to measuring and enhancing performance, creating synergistic relationships among suppliers, calculating their value not just in terms of their pricing but how much it is really costing you in quality, time and innovation. Our team manages suppliers remotely or on-site and we have experience coordinating vendors in single-or multi-site settings nationwide. 

 

CONSOLIDATION + VISIBILITY:

As a technology-agnostic MSP, Versatex uses the best in class VMS systems and technology tools to uniquely support your organization.

Our solutions provide complete transparency into each step of the procurement to payment system, making it possible for you to STAY INFORMED OF WHAT IS GOING ON WITH YOUR VENDORS IN REAL TIME across all of your locations. Further Versatex manages all your suppliers making us your single point of accountability for delivering your goals. The convenience of working with Versatex versus having to manage hundreds or even thousands of vendors makes your job much simpler and makes you more effective. 

 

 
 

 

PROCESS

IMPROVEMENT  

In today's economic climate, effectively managing and decreasing costs can serve to be a vital function for any organization. 

Uniquely, with Versatex, decreasing costs does not have to be a function of decreased service. Our Center of Excellence (COE)

drives a performance management strategy that yeilds accountability and consistent opportunities to innovate, generating efficiency

improvements and significant cost-savings. Through our process, we look at your entire supply chain and

WE ENHANCE YOUR OPERATIONS END-TO-END through process standardization. 

 

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PROCUREMENT TO PAY   

Versatex stramlines and automates your payment processing to provide complete transparency into each

step from procurement to payment. We ensure that your suppliers get paid on time and that payments are supported

with the necessary documentation. We establish required approvals to ensure all payments are accurate and verified,

which have proven to REDUCE OVER PAYMENT AND AUDIT RISK. 

 

 

SOURCING

Your supply base should be a perfect fit with your organization's goals. 

Versatex analyzes your needs and source your suppliers to ensure the highest efficiency.

We source suppliers with the right quality and skills to maximize your productivity from the point of

on-boarding quality talent to recognizing and moving work to your best suppliers and everything in between.

 

DIVERSIFICATION OF SPEND

In addition to being a diverse supplier ourselves,

Versatex identifies and sources DIVERSE SUPPLIERS FOR EVEN YOUR MOST SPECIALIZED CATEGORIES.

Because we Work with suppliers of all sizes we have the ability to work with smaller suppliers and help them understand

how to grow with your company. Further under Versatex's management, we deal with complexities that may arise from

dealing with smaller vendors so that you don't. 

 

 

COMPLIANCE MANAGEMENT

Versatex ensures compliance and minimizes your risk through controlled on-boarding, off-boarding and every point in between. We shelter your organization from risk of co-employment through the careful management of vendors in our system. We drive compliance by warranting that each vendor meets your regulatory and business requirements to receive payments while simultaneously providing an added level of protection against risk of contingent workers.