Vendor onboarding management made easy with Peakflo!
Onboard, manage and validate vendor and supplier information professionally through Peakflo’s secure and self-serve vendor onboarding management solution.
Trusted by 100+ Finance Teams
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Why finance leaders choose Peakflo
Say goodbye to manually onboarding your vendors!
Bypass repetitive tasks
Instead of wasting many eyes and hours on onboarding vendors through flurry of emails, queries and file sharing, allow your vendors and suppliers to sign up and register to your company’s vendor onboarding management solution.
Secure and self-serve
Collect and validate vendor and supplier master data once and allow them to update their information if needed.
Allow vendors to effortlessly submit their information for verification!
Avoid duplicate vendor entries and outdated vendor information by allowing vendors and suppliers to update their information regularly.
Company info verification
Vendors can add company information such as GSTIN, PAN, MSME registration. Peakflo will verify the numbers to prevent fraud.
Attach company documents
Allow vendors to attach company files such as tax certificate to avoid any back and forth communications for file sharing.
Phone number verification
Peakflo provides OTP verification when vendors are filling their contact information. This ensures both identity and phone number validity.
Steer clear of payment errors with bank account verification!
Most payment failures happen due to incorrect and unverified bank account details. Delayed payments also lead to unhappy vendors and suppliers. With Peakflo, vendor bank account information will be automatically verified and if the bank account is incorrect, it will get flagged.
Bank account details
Allow vendors to add more than one bank account details and choose a default bank account to receive payments.
Check all you vendors' information and validations in one place.
Check and review all your vendor details and see if all their information is validated and correctly added.
Review & evaluate vendor information for utmost transparency!
Once vendors update and submit their informations for your company, stakeholders for vendor validation will be able to weigh all the updated vendor information and documents against the company guidelines and approve or decline the updates.
Bulk actions
Approve or decline the vendor information updates in one go by performing bulk actions.
Communicate with vendors
Centralize all your communication with Peakflo. If the vendor changes are declined you can send them a message to provide a reason or ask for an information update. Your vendors will be notified through email immediately.
Manage vendors in a single view!
Easily check the status of all your vendors in one place and take actions based on each vendor status.
Accept or decline vendors
From the vendors view, accept or decline the vendors with pending invitations.
Revoke access
Take back the vendor access before they have connected and verified their account.
Disconnect vendors
Not working with a vendor anymore? Disconnect the vendors from your vendor management software with a click.
Bulk actions
Perform bulk actions to save time and accept, decline, revoke access or disconnect vendors in one go!
Connect your Accounting Software/ERP to Peakflo
Turbocharge your accounting software with Peakflo or import your data seamlessly.
Integrate and leverage the power of automation without affecting the way you work.
Get Started!Import your CSV/XLSX
Connect through Peakflo API/ SFTP
Success Stories
Gazzda
Before Peakflo, Gazzda team had to manually send follow-up emails for 300 invoices per month. Gazzda team also had a hard time doing manual data entry for vendor invoices received by paper and track their status. With Peakflo, Gazzda can automate payment reminders. The scattered vendor invoice management became centralized and the vendor invoice processing has gotten much faster and easier.
Haisia
Before Peakflo, every department in Hai Sia had to submit reimbursements and bills for approval via email or hardcopy documents. Approvals is also very hard to track. With Peakflo WhatsApp OCR, Hai Sia team need to only take a picture of the bill and send it to WhatsApp, and the bill entry gets automated. On top of it, Hai Sia team can track approvals, payments and vendor communication seamlessly in one place.
Rey
Before Peakflo, manual bill approvals could take days and budget management could take a full month for the finance and other divisions in Rey. With Peakflo, Rey can now automate complex approval with the approval workflow. All bills and payments are assigned to a budget automatically and recorded in a structured manner, so the team wouldn’t spend so many hours doing budget recap.
Bharathi Homes
Peakflo’s customizable approval automation has been highly beneficial for our team, We’ve been able to save 200 man-hours per month. We have also automated manual tasks such as PO creation and 2-way matching and increased efficiency by 74%.
My Robin
Before Peakflo, the approvals were done using emails, and MyRobin’s finance team attempted to use Excel to track the approvals. Lack of approval workflow automation resulted in too much time being spent on manually chasing approvers and Excel did not provide any visibility over the audit trail for the team.
Vida
Peakflo approval workflows have been a great help for streamlining our purchase order and bill approvals. We’ve been able to save 20,254 man hours with Peakflo. We also no longer need to create reports manually and have saved 16 man hours by using Peakflo's out-of-the-box AP reports.
Vida
Before Peakflo, vendors manually submitted invoices in hard copy to NRI’s client. The Procurement team had to check if the received supporting documents or invoices are correct. Then, The Accounting (AP) team would recheck the invoice and input the details already processed by the Procurement team. For new vendors, the Procurement team would input the invoice using a template, and the approvers would manually validate and verify the purchase order details. This entire process was time-consuming for the procurement and AP team.
Construction Machinery
Before Peakflo, vendors manually submitted invoices in hard copy to NRI’s client. The Procurement team had to check if the received supporting documents or invoices are correct. Then, The Accounting (AP) team would recheck the invoice and input the details already processed by the Procurement team. For new vendors, the Procurement team would input the invoice using a template, and the approvers would manually validate and verify the purchase order details. This entire process was time-consuming for the procurement and AP team.