Vendor Management
Track Every Supplier Cost Against Every Event.
Maintain a centralised vendor directory, raise purchase quotes and invoices, and link every external cost to a specific event. Know your exact profit margin on every booking.
Key Sub-Features
The core capabilities that make Vendor Management powerful.
Centralised Vendor Directory
Maintain a complete list of vendors with contact details, service categories and payment terms in one place.
Vendor Quotes & Invoices
Raise purchase orders and record vendor invoices against specific events for accurate cost tracking.
Event Cost Linking
Attach vendor costs to events to see the full picture of revenue versus expense per booking.
How It Works
Software solutions built specifically for the hospitality niche.
1. Add Vendor
Create the vendor profile with name, contact details, service type and payment terms.
2. Raise Quote
Generate a purchase quote to the vendor for a specific event or service requirement.
3. Record Invoice
Log the vendor invoice against an event — cost is tracked separately from client revenue.
4. Track Profitability
See total vendor costs per event — understand your actual profit margin on every booking.
Elevate Your Operations
with Vendor Management
Maximise your business efficiency using BanquetsCRM — the hospitality and event management platform trusted by 500+ venues. Free to start, built to scale.
Get Vendor Management