Shifting Manual to Automation: Vendor Relationship Lifecycle Management
In today's fast-paced procurement environment, internal customers want their vendors' services onboarded and ready to use immediately. However, several steps are required to onboard vendors due to simple caution, regulatory guidance, internal policies, and other requirements. Some of these steps are manual, and some use technology or a hybrid approach. This session will discuss the technology used throughout the vendor relationship lifecycle, addressing Sourcing, Procurement, Third-Party Risk, and Vendor Management.
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In today's fast-paced procurement environment, internal customers want their vendors' services onboarded and ready to use immediately. However, several steps are required to onboard vendors due to simple caution, regulatory guidance, internal policies, and other requirements. Some of these steps are manual, and some use technology or a hybrid approach. This session will discuss the technology used throughout the vendor relationship lifecycle, addressing Sourcing, Procurement, Third-Party Risk, and Vendor Management.