Enabling Price Submission
As a Key User, you can enable autonomous price submission for suppliers. In order to enable this feature, please ensure you have set up and linked your cost categories to the Lots inside your new or existing Requirement (under Sourcing > Requirements).
Once these are set up, navigate to the Categories tab in the Requirement, select your Lot and click the Prices tab. You can enable the setting labelled Suppliers to enter and submit their unit prices with the toggle to allow suppliers to autonomously submit their prices for approval. From here, suppliers will be able to log on enter their own prices against the categories that you have linked to your Requirement.
Approving Prices
When a supplier has submitted their prices, you'll receive a notification within Panacea to approve or reject the proposed sums. Clicking on these notifications will take you to the Requirement, where you can either choose to enable live use of the submitted price (using the Enable Live Use button), or reject the submitted price (using the Reject button) against each category.
Enabling live use will lock the price until the supplier submits a new price for approval. Rejecting a price will notify the supplier that they are able to submit a new price for approval.
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