Hello Sam Turnock,
Vendor collaboration module is used to serve the same purpose what vendor used to perform in the vendor portal. But in D365; it is the users who will be maintaining the details as per the following;
--- To evaluate the quotation submitted by the vendor.
--- To set questionnaire if any for vendor performance and background checking.
--- Vendor scoring if any based on the performance.
--- Start bidding process by updating the unit price as submitted by the vendor.
--- Any amendment in the bid process as and when required.
Once the bid process is completed; then you can refer to the RFQ from where the vendor collaboration initiated and to manage and compare the replies from the vendor collaboration to determine the suitable vendor to go with and release a PO.
Best regards,
Sourav Dam
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