We understand how crucial your vendor network is for your company. They are vital partners of your organization, which is why you need to have comprehensive information about vendors before you associate them with your business.
It's critical to receive compliant documents and register the best vendors as fast as possible. Why?
Because if you fail to assess compliance and supply risk, you may be exposed to critical supply chain failures, causing a financial and reputational risk to your company.
To avoid being vulnerable and assess business risks, you must continually adapt and include modern tools into your vendor selection process.
When registering new vendors, you must thoroughly analyze their company profile, examine business certificates, tax records, safety certificates, etc. It is also vital to do a comprehensive vendor history check.
During the registration phase, you must collect and scrutinize all legal documents to minimize compliance risk and meet all requirements. It helps to make sure the future vendor management process is hassle-free and simplified.
Doing it the old way takes a lot of time which is the most valuable asset for the vendors.
No vendor wants to waste time registering their business to a company that does not decisively bring business to them. Therefore, following a traditional application method and not designing the system with modern tools may result in the loss of the best-suited vendors.
Clustdoc has developed the most effective solution to your problem. For your vendor application process, we provide an advanced and effective solution.
With Clustdoc, your vendor application process will be thorough, structured, and well-integrated improving risk assessment, monitoring, and management in your institution.
The KYB solution from Clustdoc will let you create an automated vendor application process.
Our vendor application solution is comprehensive, robust, and customizable. It will let you swiftly register new vendors, so you have verified vendors providing you goods and services.
With Clustdoc's advanced features, you can quickly and easily obtain the data you need from vendors to set up their accounts.
Clustdoc offers a white-labeled interface that allows you to personalize the vendor application process and make it your own.
Now you don’t have to switch between apps trying to collect vendor details. They can now easily share their company information on a more safe and secure platform.
Clustdoc’s smart checklist feature makes it easier for vendors to share information without missing any necessary documents. You can save these documents on the cloud in a unique applicant folder. It is much easier to access the files for future reference.
You can customize the checklist according to the information that you need to collect from the clients.
Using Clustdoc’s Reminder feature, you can schedule and customize automated emails and SMS follow-ups for the pending documents.
Our application will send file received notifications, reminders and keep track of the document submission for you.
You don’t have to call or email the vendors to notify them about wrong file submission or pending documents like you had to do without Clustdoc.
You can now quickly share all of the information you need for vendor registration and familiarize them with your company's process and requirements.
We created a vendor application template for you to save your time and effort.
Ready to register the vendors so that you can mitigate supply chain risk factors by associating with the best partners in your business? You need to start with your vendor application checklist and use Clustdoc- the advanced and modern software for collecting vendor information.
To make things even easier, we've designed a ready-to-use template that you can customize to suit your purposes.
Clustdoc simplifies the document collection process empowering you to seamlessly and efficiently gather and review vendor details.
Using Clustdoc as your application platform, simplify the hectic process of collecting information to register the best in business vendors for your company.