When you contract with a new vendor, a handful of best practices can ensure your new relationship gets off on the right foot, without unwarranted effort. In the quest of ambitions to become leaner and ...
Among all areas of the supply chain, the vendor onboarding process is one that is particularly due for improvement. A couple of decades ago, onboarding was highly personalized, with staff having to ...
The process of collecting data on prospective vendors, completing compliance and risk assessments, and integrating them into a platform or supply chain is collectively known as supplier onboarding.
Business vendor onboarding is a process that introduces new suppliers to an organization’s systems, policies, and procedures. This step-by-step pathway enables vendors to understand the requirements ...
While much of the vendor onboarding process is outside of the CIO’s control, there are things you can do to speed things along. CIOs are no strangers to lengthy, convoluted approvals processes. Every ...
Certa, a startup helping enterprises speed up the process of onboarding new suppliers, today announced that it has closed a $15 million early-stage funding round. San Francisco-based Certa, ...
Develop an approval process The first step in creating a supplier onboarding process is to create a policy. People within the business have pressing issues and are looking to bring along suppliers ...
Purchase or payment requests requiring onboarding of a vendor will be identified when the order or invoice is submitted for processing. Campus faculty and staff should follow their normal procurement ...