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Onboarding suppliers is often perceived as a complicated and time-consuming process, one that involves all manner of data. For example, you need to establish not only whether the supplier is a legitimate legal entity, but also whether the supplier’s finances are healthy.
This guide described a step-by-step plan to help you to organize your supplier screening and onboarding process as efficiently as possible. It also explains how to use automation and external data to tackle the compliance challenges of onboarding.
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