How can a custom web application help in managing vendor relationships?
A custom web application can greatly assist in managing vendor relationships by providing a centralized platform for communication and collaboration. It allows for easy tracking of vendor interactions, contract management, and monitoring of key performance indicators. With features like automated notifications and document sharing, a custom web application can streamline the entire vendor management process, saving time and improving efficiency. Additionally, it can generate valuable insights through data analytics and reporting, enabling better decision-making and fostering strong vendor relationships.