Simplify Vendor Onboarding
Vendor onboarding technology streamlines and automates the process of bringing new vendors into your ecosystem, leading to faster setup, reduced administrative overhead, and improved compliance.
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Mitigate Fraud
Validate banking and tax information and monitor government watch lists to protect your company from fraud during the onboarding process.
Vendor Self-Service
Vendors can electronically submit the information and documents needed to transact with your company in a guided, secure setting.
Streamline Processes
Onboarding new vendors using a platform dedicated to gathering and managing vendor data and documentation makes the process run smoothly.
Vendor Onboarding, Visualized
We have been using ICG’s solution for over 2 years and it continues to add value to our organization by helping us reduce risk associated with Vendor Onboarding/Administration. ICG validations and integrations help protect us from fraudulent banking information and also help confirm tax information aligns with IRS data all while making the process more efficient.
Relevant Blog Posts
Connecting Procurement and Finance
Obtaining and sharing critical supplier information between different functional areas can be frustrating for many organizations. Siloed organizational structures, disparate systems that don't communicate with each other and differing business objectives are...
Why Vendor Self-Service Matters
What is Vendor Self-Service? Vendor self-service is a business tool that applies to almost every phase of the procure-to-pay cycle by using portals. Vendor portals allow your vendors 24/7 access to information from anywhere in the world. Not only can your vendors...
Portal-Based Vendor Onboarding Solutions
Vendor onboarding is critical for businesses to ensure that new suppliers meet standards and are ready to provide services effectively. Your business can employ various tools and software solutions to streamline this process. The vendor portal is one of the most...
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