The Third Parties module in SMATO Books & Accounts helps you maintain a central record of external business partners, including service providers, logistics companies, consultants, contractors, and other organizations involved in your business operations.
Businesses often work with multiple external parties who play an important role in daily operations. Transport agencies, consultants, maintenance providers, auditors, legal firms, and contractors all contribute to business activities, yet their information is often scattered across spreadsheets or emails.
The Third Parties module brings these records together, making it easier to manage contacts, maintain compliance information, and track financial transactions from a single location.
Maintain organised records for logistics providers, contractors, consultants, and other service partners.
Track financial transactions while keeping supporting business details connected to each party.
Maintain accurate contact information and compliance details for every external organization.
Get a consolidated view of the external businesses that support day-to-day operations.
Managing contact details is only part of the process. Many third parties are also involved in financial transactions.
The Third Parties module allows you to record transactions such as service charges, reimbursements, operational expenses, or other business-related payments against each party profile.
Each transaction can include:
This provides a complete history of financial interactions for every external partner.
The Third Parties module complements your financial processes by keeping external business relationships linked with operational and financial transactions.
Third Party Registration
Business Transactions
Payments
Financial Records
This connected approach improves record keeping and reduces the need to manage separate contact lists for different business functions.
Create detailed profiles for every third party by maintaining:
As contact or compliance details change, records can be updated to ensure every department works with accurate information.
Regardless of the industry or domain, our digital services provide cutting-edge solutions that are adapted to meet the unique demands and goals of our clients.
The Third Parties module helps businesses manage information about external organizations and individuals involved in business operations, including consultants, logistics providers, contractors, and service partners.
You can maintain records for transport agencies, consultants, service providers, contractors, auditors, logistics partners, agents, and other external business entities.
The module stores business details, party type, email, phone number, PAN, GST information, and related transaction history.
Yes. You can record transactions with details such as transaction date, amount, reference, type, and remarks against each third-party profile.
Operations, Finance, Administration, Procurement, and Business Owners all benefit from having a central record of external business partners.
It supports operational and financial processes by connecting external business partners with their related transactions and payment records, ensuring better visibility and organized documentation.
Strong business operations depend on more than customers and suppliers. The Third Parties module helps you organize external business relationships, maintain important records, and track associated transactions—all within the SMATO Books & Accounts ecosystem.
Book a personalised demo to discover how the Third Parties module keeps your external business network organised and connected.
Connects HR, CRM, Accounts, Inventory, and more into one seamless platform to simplify and grow your business.
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