Unlock the secrets to an efficient and effective vendor onboarding process in this comprehensive breakout session. We’ll explore how to develop a system tailored to your organization by identifying key roles and ownership across departments such as Accounting, Legal, and Procurement. Discover the importance of assigning clear ownership to ensure a seamless process and minimize frustrations.
Learn how to tackle common challenges in vendor onboarding, from managing contract proceedings to evaluating suppliers, gathering and validating data, and balancing manual and automated processes. We’ll also dive into strategies for reducing fraudulent interactions and future-proofing your workflow. Whether you’re starting from scratch or refining your existing process, this session will provide practical insights to help you succeed.