Onboarding is one of the largest and most important processes that you will have to design and build for your Vendor Management Office (VMO) / Supplier Management Function. But what is onboarding? And why is it critical to your business?

Nick Francis, Co-founder and Chief Technology & Marketing Officer of Brooklyn Solutions, outlines how to build a robust, repeatable way of onboarding vendors/suppliers and customers to ensure almost 100% of relevant data is extracted and legal compliance terms are met.

Nick also outlines why a successful Vendor Management Office (VMO) / Supplier Management Function should onboarding consider/consist of the following:

• Meta Data Extraction
• Due Diligence
• Digitised Contracts
• Operational Alignment
• Operational Handover
• Governance Model
• Compliance Needs
• Management Framework