What is the role of the "Vendor Dashboard" in managing vendor transactions?

The Vendor Dashboard plays a crucial role in managing vendor transactions by facilitating vendor bill entry and payments. It is specifically designed for users to gain visibility and control over all aspects of vendor-related activities. Through the Vendor Dashboard, users can easily access information about outstanding bills, payment statuses, and payment history, which aids in managing cash flow and ensuring timely payments to vendors.

By consolidating relevant information in one interface, the dashboard enables users to efficiently track and manage vendor interactions, including entries for bills, credits, and other transactions. This streamlined process helps maintain good relationships with vendors by ensuring that obligations are met on time, thus reinforcing the importance of the Vendor Dashboard in managing vendor transactions effectively.