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Vendor Management 1.8 Release Notes

This content applies solely to Vendor Management, which must be purchased separately from the Appian base platform.

What's new?

The Vendor Management (VM) 1.8 Release Notes provide an overview of the latest changes and improvements to the Vendor Management Solution. The new features and improved capabilities were designed with best practices in mind.

Enhanced Award Management integration

Vendor Management (VM) now allows you to easily create and post an opportunity from a solicitation record in Award Management (AM). When a solicitation reaches Released status in AM, a new action Create Opportunity is displayed to create an opportunity in VM. Data and documents from the solicitation in AM is automatically displayed in the Create Opportunity wizard. This capability reduces the need to manually reenter the data and reupload the documents in the opportunity.

vm_am_integration_create_opportunity.png

Once the opportunity is created in VM, a link is established between the opportunity in VM and the solicitation in AM, making it easy to navigate between the two.

vm_am_integration_view_opportunity.png

When the solicitation is updated in AM, the changes can be posted in the opportunity using the Create Amend Notice action. This action gets the updates and documents from AM and makes those available in the Amend Notice wizard.

vm_am_integration_amend_opportunity.png

Sealed bid

Contracting staff can now create sealed bid opportunities in VM for private or public posting. Contracting staff can only view the number of vendors who are taking part in the opportunity and not the vendor names until the bid is unsealed. Vendors can post their questions about the sealed bid. Contracting staff can respond to the questions from vendors. However, they cannot view which vendors have posted those questions until the bids are unsealed. They can open the vendor bids only after the designated date and time to view the proposals. This capability ensures transparency, fairness, and adherence to procurement guidelines in the selection process.

vm_create_opportunity_sealed_bid_option.png

Additional updates

The VM 1.8 release includes the following additional updates:

  • When an opportunity is amended in VM, an email notification will be sent to vendors who are taking part in the opportunity.

Get started now

Ready to get started using Vendor Management 1.8? Check out Installing Vendor Management.

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