Top Mistakes to Avoid When Managing Suppliers

Mistake 1: No Central Record of Payment Terms

Different staff negotiating with the same supplier can lead to inconsistent terms.

Mistake 2: Late Payments Due to Poor Tracking

Missing due dates damages supplier relationships and can lose you discounts.

Mistake 3: No Purchase History

Without records, you lose negotiating leverage on pricing.

The Fix

ElevenPOS's Contacts module keeps supplier details, purchase history, and outstanding payments in one place.