Streamline the process for immediate benefits
The solution is to streamline onboarding and ensure that the correct vendor information is entered and syncs with enterprise-wide systems, is compliant with all internal and external policies, and that the onboarding protocols your teams follow are complete and have a verified audit trail.
Digitizing manual processes (including all the forms and agreements required by vendors) makes it easier and an overall less painful experience for both vendors and employees.
Handling problematic vendors can be tough, once they’re part of your vendor ecosystem. With the right workflow, you can capture vital information that might prevent those headaches in the first place.
With the right workflow automation solution, accelerating the vendor onboarding process is (relatively) simple, with nearly instant benefits:
- Design and launch an easy-to-use vendor onboarding form that tracks, triages, and automates vendor onboarding requests.
- Workflows and forms can be easily created in a drag-and-drop UI, specifying routing, stakeholders, and notifications at every stage.
- Ensure that your company’s data governance standards are applied throughout the requests, from initial screening through audit trail capabilities.
- Workflows can be modified or updated on the fly, a crucial factor in staying compliant with ever-evolving rules and regulations.
- Documents and files that are relevant to each collaboration are centralized in one repository, not scattered with poor version control.
- All collaborators involved at the correct time and in authoritative sequence.
- Processes repeat correctly every time, in standardized way, no matter how complicated.
- Central dashboards provide superior monitoring and governance of all vendor-related processes.