Quickly Transition Your Team To Remote

Our configurable solutions can be rapidly implemented to equip your workers with the tools they need to process transactions and manage vendors from any location.

 
 

Vendor Onboarding Tools

Vendor portal-based vendor onboarding and maintenance, also known as supplier onboarding, can be a very time-consuming process. To combat this, ICG has a set of vendor onboarding tools that provide organizations with powerful self-service, cloud-hosted applications to help them onboard and manage vendors and suppliers. Every aspect of vendor onboarding can be accomplished by implementing a vendor portal or supplier portal-based solution.

Some tools available are data & document collection, TIN verification, collection and validation of insurance and licenses, diversity qualification and compliance, and more. Using these vendor portal-based tools allows your organization to shift the burden of data and document capture & collection, data and document storage, compliance and verification, and validation of information back to the supplier. Utilizing workflows in the background for review and approval from various departments can further streamline the onboarding process.

Why should you utilize vendor onboarding tools?

Different vendor onboarding tools offer unique advantages to enhance your organization’s procurement process. Some tools excel at automating data entry and verification, reducing manual errors and accelerating onboarding times. Others prioritize risk assessment and compliance, and ensure only qualified vendors join your supply chain. Additionally, certain tools focus on communication and collaboration, facilitating efficient information exchange between your organization and new vendors. By carefully evaluating your specific needs, you can select the solution that best optimizes your vendor onboarding process.

ICG has highly modular vendor onboarding and supplier onboarding solutions deployed as cloud-based, single-tenant hosted applications. Contact ICG today for more information to request a demo for your team to see how ICG’s vendor onboarding tools can benefit your organization.

Learn more about ICG’s solutions:


Posted on May 20, 2019