Onboard Your Vendors Faster: Breaking Down Vendor Onboarding
What’s the common thread and question we’ve heard from our customers?
It may surprise you.
More often than not, customers come to us asking how could they onboard their vendors faster. Vendor onboarding is a slow and monotonous process, albeit necessary for the health and prosperity of the business.
Flexibility and adaptability have become critical to onboarding success, and an increasing number of companies are discovering strong vendor onboarding policies and practices are vital for supporting their ability to nimbly respond to changes in the supply chain.
Automated vendor onboarding processes have become more popular as companies push towards digitizations to remain competitive. In this article, we’ll take a look at the fundamentals of vendor onboarding and how to leverage automation to onboard vendors faster and more accurately.