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
Automated Vendor Onboarding Process
Automating the vendor onboarding process can provide many benefits in addition to significant cost savings for businesses. Below we discuss a number of the benefits of implementing a cloud-hosted, automated vendor onboarding process: Let's start the discussion by...
Why Procurement Needs Vendor Portals
Vendor portals offer many benefits to procurement departments. In this blog, we will look at some general benefits these highly collaborative, cloud-hosted portals provide. Then, we'll dig a little deeper at some specific procurement-related functionality. Procurement...
Vendor Packets and Vendor Onboarding
Vendor packets and vendor onboarding are essential documents and processes that businesses use to evaluate potential suppliers and vendors. These packets typically include information about the vendor's products or services, pricing, quality control measures, delivery...
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