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What is the difference between sourcing bidder and supplier registration?

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What is the difference between sourcing bidder and supplier registration?

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A sourcing bidder is a company that provides goods or services but has never had a purchase order, received a remittance, or been awarded a contract by the State of Georgia. Your company may fit into this category even if it is active in our current Vendor Registration System. When a bidder registers, they input their information into Team Georgia Marketplace and the system generates a password which is sent to their email address. A supplier is a company that has had a purchase order, received a remittance, or has been awarded a contract by the State of Georgia. A company in this category will have a PeopleSoft vendor number in our Financials system. When a supplier registers in Team Georgia Marketplace, the information which is already in our financial system links to their Tax Identification number. Once registered, a supplier may modify and update the existing information.

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