--- title: Webinar Recap: Vendor Onboarding and Portals | Aavenir url: https://aavenir.com/streamlined-vendor-onboarding-and-collaboration-portals-webinar-recap/ description: Recap of our September 2022 webinar on vendor onboarding and collaboration portals: where procurement is heading, top vendor management issues and the gaps. updated: 2026-11-07 --- Event ยท September 16, 2022 # Webinar recap: vendor onboarding and collaboration portals Highlights from our session on the intersection of procurement and vendor management. By Sonal Mehta. ## The webinar On September 13, 2022, Aavenir hosted a webinar on vendor onboarding and collaboration portals, looking at where procurement and vendor management meet. This recap covers the main points for anyone who could not attend live. ## Where procurement and supply chains are heading Globalized markets and increasingly complex supply chains are testing how resilient, stable and agile procurement organizations can be. The panel's view was that a return to a predictable, normal supply chain was unlikely, and that organizations would need vendor management that meets supply chain needs while improving efficiency and protecting savings. ## What vendor management really means Vendor management is much more than buying from suppliers and paying their invoices on time. It is the management of the whole supplier experience across every source to pay process: onboarding, information exchange, contracting, performance, compliance and payment. ## The top issues in vendor management Procurement organizations at every level of maturity face similar challenges: - Onboarding vendors quickly and without friction - Exchanging documents and supplier information consistently and accurately - Managing vendor contract performance and compliance - Keeping up with routine questions and status updates from suppliers Of these, the two raised most often were slow, tedious supplier onboarding and difficulty managing supplier information across the relationship. The speakers stressed that onboarding is never really complete without a defined process or system for managing supplier information afterwards. ## The gaps organizations face Research from [Financial Executives International](https://www.financialexecutives.org/FEI-Daily/May-2019/ESG-Tops-Concerns-of-Compliance-and-Procurement-Pr.aspx) found that 43% of compliance and procurement teams found it challenging to identify environmental, social and governance factors in due diligence, and 68% of global organizations saw fraud by external parties such as vendors, suppliers and partners as a high or significant risk management priority. Well run vendor management makes collaboration easier and gives suppliers confidence that you are easy to work with. That requires closing the automation and efficiency gaps across source to pay. Where those processes do not run on one platform, the systems should still work together to give suppliers and internal teams a connected experience. ## Audience question Does Aavenir's onboarding app do the same thing as ServiceNow Vendor Risk Management?No, it complements it. At the time of the webinar the app was called Vendorflow. It is now [Onboardingflow](https://aavenir.com/solutions/vendor-onboarding-software/), which handles supplier onboarding, information collection and the supplier portal, while ServiceNow Vendor Risk Management handles risk assessments. Running both on ServiceNow lets assessment results and supplier information share one record. See [vendor risk management](https://aavenir.com/solutions/vendor-risk-management-software/). ## About Aavenir Aavenir is an enterprise contract intelligence platform for procurement, legal, IT, finance, and sales teams. Aavenir AI reads every agreement an enterprise has signed, Aavenir Atlas answers questions across the whole portfolio, and its apps act on contract terms from sourcing to payment, natively on ServiceNow or standalone. [About Aavenir](https://aavenir.com/about/). Schedule a demo ## See your contracts run on one record. - **1****A 30 minute walkthrough**Built around your team, whether that is procurement, legal, IT or finance. - **2****Your contracts, not ours**Bring a few sample agreements and watch Aavenir AI extract and review them. - **3****ServiceNow or standalone**We show the deployment that fits the systems you already run. Prefer to talk first? [Contact the team](https://aavenir.com/contact/). The form did not load. [Contact the team](https://aavenir.com/contact/) instead, or refresh the page.