Supplier B2B portal - essential terms
How to digitise your supplier relationship: three-way match, self-billing, supplier scorecard, consignment - with definitions, examples and software links.
What this cluster covers
A supplier portal moves purchase orders, confirmations, dispatch advices and invoices into one place, with automatic validation (three-way match) and performance scoring (scorecard). The terms below describe digital procurement processes.
Each definition includes a practical example and links to the CRMconnect B2B portal.
9 terms in this cluster
Supplier portal
A platform where suppliers see your orders, confirm dates, send ASNs and invoices, and track their payments.
Purchase Order (PO)
The official document by which you buy from a supplier: agreed products, quantities, prices and terms.
Supplier order confirmation
The supplier's response to a purchase order: acceptance, rejection or proposed changes.
3-way match
The control that compares the purchase order, the receipt and the invoice before approving payment.
Self-billing
The model where the buyer issues the invoice on the supplier's behalf, based on confirmed receipt.
Consignment stock
Goods physically at the buyer but owned by the supplier until actual sale or consumption.
Supplier scorecard
A supplier performance evaluation on metrics such as on-time delivery, compliance and quality.
Supplier onboarding
The process of integrating a new supplier: data, documents, terms and connection to the portal or EDI.
Supplier payment status visibility
Supplier access to their invoice status: received, matching, approved, scheduled or paid.
Where CRMconnect fits
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