Gainfront SRM

Supplier Onboarding

Eliminate Supplier Onboarding Complexity and Automate to Create an Intelligent Business Workflow.

The Importance of Supplier Onboarding

Your suppliers are an integral part of your business success. Once you have selected new suppliers to bring onboard, how quickly you do so directly impacts your own speed of business and ability to deliver your products and services to your customers.

Challenges in Supplier Onboading

Efficient supplier onboarding relies on overcoming two key challenges. The first is the number of suppliers that need to be onboarded. A company can have 1000’s to 10’s of thousands of suppliers. Onboarding large numbers of new suppliers can be challenging without the right processes. The second challenge is the large number of documents as well as regulatory, risk and compliance checks that must be undertaken for each onboarded supplier. This includes not just information collected directly from suppliers, but also information obtained from third party sources.

Key Capabilities of Gainfront Onboarding

Our solution makes it easy to manage all the nitty gritty details that go into supplier onboarding, making it easy no matter how many suppliers or how many documents you must manage. Here’s a breakdown of the important features of Gainfront supplier onboarding:

Automation
Centralized Platform
Compliance and Risk Assessment
Document Management
Integration
Reporting and Analytics
User-Friendly Interface
Customization
Supplier Self-Service
Security
Process Simplicity
Supplier Onboarding Pain Points

What Are Your Supplier Onboarding Pain Points?

Not having an automated supplier onboarding solution or utilizing an inefficient one can lead to several pain points for businesses.

What makes Gainfront unique

Gainfront understands supplier onboarding is a partnership between you and your suppliers. Our unique approach to supplier onboarding is to make the process as easy and simple as possible for all parties involved, all while ensuring process integrity, control and efficiency.

  • Streamline Onboarding: No more time-consuming data entry, document collection, and communication hassles.
  • Enhanced Accuracy: Our automated system reduces errors and guarantees adherence to regulatory requirements, safeguarding your operations.
  • Standardized Processes: Embrace digital forms and workflows to standardize onboarding procedures, ensuring comprehensive data collection.
  • Improved Collaboration: Foster better collaboration between your business and suppliers by offering a centralized platform for communication and documentation.
  • Reduced Risk: Mitigate risks associated with new suppliers by automating compliance checks and risk assessments. Ensure that suppliers consistently meet your standards and requirements.
  • Supplier-Centric Experience: Elevate the supplier experience with Gainfront’s single portal for onboarding and self-service capabilities while never missing critical deadlines and always maintaining full visibility.
Automate Supplier Onboarding With Gainfront

Onboarding workflows can be automated to increase efficiency and improve collaboration, leading to a more positive experience for new suppliers. Request an Onboarding Demo to learn more.

The Benefits of Gainfront Supplier Onboarding

Understanding why onboarding and workflow are critical in procurement: