Supplier Onboarding
The supplier onboarding process is used to establish communication with a prospective vendor or
a potential supplier. Customers can initiate the onboarding process by sending an invitation
email to a vendor or a supplier. Based on the parameter setting, onboarding can be a one-step
or two-step process.
- One-step process
- The supplier submits the onboarding application with details such as company information, contacts, category selection, bank details, sites, certificates, agreements, and surveys. The information in the onboarding application is analyzed and approved by the customer.
- Two-step process
- This process is completed in two phases:
- Qualification phase
- Selection phase
In the qualification phase, the supplier or a vendor submits the application with basic details such as company information, contacts, category selection and surveys. The customer analyzes this information. and after the approval, an onboarding invitation is sent to the supplier or a vendor with registration key, link and instructions.
In the selection phase, the supplier or a vendor submits the details such as banking information, sites, certificates, agreements and surveys. This information is analyzed and approved by the customer.