Supplier Management

Managing asset acquisition and supplier performance from order to delivery.

ALFA’s third party relationship management functionality enables the capture of critical information required to support purchasing, including key suppliers and contacts, purchasing policies and payment account details.

Payment processing in the ALFA Accounts Payable module controls the automatic creation of payables for one-off asset purchases, as well as other one-off or continuous payments, such as asset repairs, maintenance and insurance.

Supplier invoice data capture or automatic self-billing functionality, in conjunction with ‘mismatch’ validation and comprehensive payment approval controls, ensures the correct payment is made to the correct supplier.

In addition, ALFA Accounts Payable supports multiple invoices per contract, partial or full payment approval, accounts receivable netting-off, foreign currency payments, and comprehensive supplier statements.

The ALFA Lifecycle Management module supports order management workflows for all eventualities:

• High-volume/commodity assets: Fully automated workflows integrate with points of sale and supplier order systems. For example, ALFA new business cases capture the detailed specification of a new vehicle and integrate with a supplier’s order system to place the initial order, monitor progress, and process an electronic payment on delivery.
• Low-volume/complex assets: Manual workflows support detailed equipment specification, bid management and purchasing approvals, as well as structured payments to multiple suppliers.

ALFA Wholesale provides extensive floorplan support for dealers, including inventory tracking, asset transfers, manufacturer payments and daily interest processing.

To help make the best purchasing decisions going forward, ALFA Business Intelligence analyses supplier effectiveness and purchasing trends.