Supplier onboarding is the catalyst to successful supplier management programs. In fact, a successful supplier information management program starts with the right supplier onboarding process.
Hiperos Onboarding enables organizations to implement appropriate and integrated onboarding processes. As a result, organizations can capture supplier information from the outset, mitigating supplier governance issues during the supplier lifecycle. It will drive appropriate supplier processes such as due diligence, risk management, compliance (including regulatory requirements), sourcing, procurement, spend analytics and supplier performance.
Hiperos Onboarding automates and automatically validates many time-consuming and error-prone tasks, while enabling authorized employees to participate in the onboarding process in a consistent, objective and structured manner. Hiperos Onboarding can be applied to both existing as well as new supplier relationships as well as to any 3rd party relationship.