Vendor Onboarding Policy Worksheet - Template
A smooth and systematic vendor onboarding process is indispensable for effective and efficient vendor management.
Vendor onboarding is the first step towards vendor management. Without it, you won’t be able to increase your efficiency, reduce your risk and costs, and achieve a higher ROI. By creating a vendor onboarding policy template, you can avoid most of the pitfalls resulting from poor vendor management.
Having clearly defined policies, and expectations help improve internal efficiency and relationships with your vendors. Download this easy-to-modify template as the basis for a shareable document that states your organization’s requirements and strategic goals.