Remove The Hassle & Complexities Of Tail-end Spend Purchasing

Enable Vendors Quickly, Safely, Hassle-Free & Compliant

Speed Up Go-to-Market

Instead of waiting > 1 month to register a vendor that you urgently need, enable them instantly through Supplycart

Enable Any Vendor

Enable your business users to engage any vendor in the market that will give you the edge against competitors.
All this whilst maintaining compliance & controls.

Compliance Controls

Allow only selected users & approved categories for this service.
Use our self-reporting tool to analyse historical payments, identifying when official registration should be initiated for vendors.

Reduction in Cost

Eliminate activities that increase administrative cost to register / maintain vendors that may not be used again. Saving resources involved in the vendor registration process & reducing vendor data maintenance in terms of KPI of number of vendors in system

Did you know that 20% of spend make up of 80% of your vendors that is impacting your KPI ? 

Cost of Selecting Vendors Who Can Only Give Credit

Cost of using niche vendors that are cheaper & better, but just don’t have the capacity to give credit.

Cost of Registration

Time taken from request, approvals, vendor registration to payment

Cost of Maintenance
These “one-off” vendor data adds to the inefficiencies for any maintenance required throughout the year (e.g. vendor analytics, notify vendors of training, policy changes, and compliance regulations, and monitor and alert company status)

Categories That We Work With Clients

Advertising Space & Subscription | Branding, Merchandise & Printing | Campaign & Marketing Management | Copywriting & Translation | Creative & Design Solutions | Credit Top Up | Customer Refund | Event Decoration & Tools | Facilities Maintenance Services (Cleaners, Disinfectant) | Food & Catering | Furniture & Equipment Rental | Gifts, Vouchers & Hampers | Influencers, Ambassadors & Talents | Professional Fees & Charges | Logistics, Transport & Runners Fees | Media Production & Photography | Participation & Entry Fee (Competition, Event) | Partnership & Sponsorship | Research & Consultation Services | Seminars, Training & Workshop | Software License & Subscriptions | Styling Artists & Professionals | Utilities | Venue & Accommodation | more...

Payment Request Platform Submission

Requesters submit payment request with compliance and controls in place reducing manual submissions and allowing traceability. The digital platform produces accurate data leading to data analytics

  • Live reports access allows analytics of the following to be accessed on a single dashboard with export capabilities. Allowing combination of analysis for our clients
  • The platform is built on open api allowing integration into ERP and accounting such as SAP, Oracle, Microsoft Dynamics, Sage, XERO and more 

Single-Point Payment

Pay one master vendor for all your purchases

  • ADAM consolidate all your orders made within a certain time frame and bill your company accordingly
  • Enjoy competitive credit terms and liquid cash flow 
  • Effectively reduce time in tail-end vendor management
  • Reduced AP activities with single point of vendor payment

ADAM becomes your reliable vendor

How It Works & How are your stakeholders Impacted :

  • Buyer creates request for approved category vendors and submits documentation
  • Vendor accepts purchasing and payment arrangements for goods and services
  • ADAM receive PO from Buyer and invoices after verifications and compliance checks
  • ADAM pays vendors within stipulated time

Requesters & Line Managers

Able to work with a wider range of SME vendors  with quick payment and engagement with digital approvals 

Procurement

Ensure controls are in place for approved spend categories and also less management of tail-end spend allowing more strategic focus

Finance

Reduced AP activities and chasing of payments by tail-end vendors. All documents provided electronically fulfilling payment requirements

Connect With Us & Get In Touch

We would appreciate your kind connection with us and allow us to get in touch with you to understand your requirements and how we can assist.
Let us assure you that we would not be spamming you with marketing emails.

FAQ

When will Supplycart make payment ?

For all Purchase Orders received by Tuesday, 6.00pm, the payment will be made on the same week on Thursday. If Thursday is a public holiday, payment will fall on the same week on Friday.

How I will be informed of payment status ?

Payment schedule will be informed to requesters and vendors via email. Once payment is made, both parties will receive a remittance advice from the bank via email

My vendor is unable to issue invoice / cash bill before service

We can accept Proforma Invoice as a supporting document to process your payment request.

Can Supplycart pay to individual without registered company ?

Customer is required to ensure all payment requests made to Supplycart are sanctioned and in accordance with its company policy.

Can you coordinate with vendors on order ?

Supplycart is only responsible in ensuring all payment requests are duly processed accurately within the stipulated time agreed, based on the payment details submitted through ADAM, any issues / coordination of the order must be done by requesters.

What if there are changes after payment made ?

If the revised amount is HIGHER than amount paid:
Requester is required to submit a new request for the differential amount. The vendor billing should also reflect the differential amount only.

If the revised amount is LOWER than amount paid:
Requesters is required to initiate refund request from vendor. Upon receipt of refund, a Credit Note will be issued by Supplycart for the refunded amount.

Can Supplycart split deposit and balance payment ?

Yes. Please submit the vendor billing in full amount and deposit amount to pay. Then, prepare Purchase Order with full amount inclusive of Payment Management Service fees.

First payment to vendor and first invoice from Supplycart will reflect the requested deposit amount. For balance payment to be made, please submit a new request and Supplycart will release requested amount to vendor and invoice accordingly.

Do you have compliance and controls following company policies ?

Yes, Supplycart could assist companies to monitor compliances and controls, such as prohibit certain products or services or value limits to be paid via Supplycart.

Can you pay in foreign currency or to overseas vendors ?

Yes, We would calculate the necessary exchange rates based on bank rates together with any additional bank charges.  Kindly ensure it is sanctioned and in accordance with your company policy.