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Vendor Onboarding

The organisations which rely on traditional paper-based processes struggle to onboard vendors efficiently. This increases the cycle time for procurement of products and services while impacting the business.

Konica Minolta Vendor Onboarding solution has been designed to automate the vendor onboarding process, enabling organisations to onboard vendors in a time bound manner. The solution allows vendors to submit information and documents conveniently through a web form. Vendor Onboarding workflow can be configured based on organisation rules while removing the need for physical transfer of paper documents. Accessing & visualising of vendor data and documents is easy and intuitive. Email notifications inform the stakeholders of their pending tasks, while ensuring that the process SLAs are always met. After the approval process is complete, a unique vendor code is generated. The solution can be seamlessly integrated with ERP for efficiency.

Business benefits for Vendor Onboarding

Faster processing

Speed up vendor onboarding process by automating the workflow while removing intra and inter departmental movement of physical documents.

Track process

Better monitoring and control by digitising the entire process and removing the dependency on paper.

Compliance

Ensure compliance through audit trails, notifications and live visibility into the process.

Efficiency

Improve business efficiency by faster procurement of products and services while ensuring shorter time to market for the finished goods.