Configuring Vendor Management Workspace

  • Release version: Xanadu
  • Updated August 1, 2024
  • 1 minute to read
  • Plan and configure your Vendor Management Workspace implementation.

    Configuration overview

    Use Vendor Management Workspace to create vendors, service credits, or vendor tickets and to set up Vendor Success Indicators.

    Find tasks that you need to complete to configure Vendor Management Workspace.
    Benefit Task
    Turn on Vendor Management Workspace. Activate Vendor Management Workspace
    Clone an existing Vendor Management Workspace page and customize it. Customize a Vendor Management Workspace page using UI Builder
    Add a vendor to Vendor Management Workspace. Create a vendor in Vendor Management Workspace.
    Generate Vendor Satisfaction Assessment to assess how satisfied your stakeholders are with the vendors they collaborate with. Generate the Vendor Satisfaction Assessment in Vendor Management Workspace
    Create KPI groups to track vendor metrics. Create KPI groups to track metrics for your vendors
    Create improvement initiatives in Vendor Management Workspace. Create an improvement in Vendor Management Workspace
    Create a service credit in Vendor Management Workspace. Create a service credit in Vendor Management Workspace
    Integrate with Third-party Risk Management. Configuring Third-party Risk Management