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The ROI of TYS Essentials: Why Growing Companies Can’t Afford Manual Supplier Management

As your business grows, so does the complexity of managing suppliers. What once worked with spreadsheets, emails, and informal processes now leads to delays, risks, and inefficiencies that cost real money. 

Cut Supplier Onboarding Time by Up to 60%

Manual onboarding processes are slow. The back-and-forth to collect documents, route approvals, and check compliance often stretches across 3–6 weeks per supplier—if not longer. 
 
TYS Essentials reduces onboarding cycle time by up to 60%, thanks to: 
– Prebuilt, automated workflows 
– Centralized intake and document collection 
– Real-time visibility into status and approvals 

Avoid Fraud Losses Before They Happen

According to the Association for Financial Professionals, 75% of companies experienced payment fraud attempts in the last year. 
 
TYS Essentials includes built-in Bank Account Validation & Verification (BAVV), helping you: 
– Confirm supplier bank details before payment 
– Detect fraudulent updates in real time 
– Protect against costly payment redirection scams 

Identify Risk Before It Slows You Down

TYS Essentials automates preboarding checks across: 
– Global sanctions lists 
– ESG and labor risk indicators 
– Financial health signals 
– Code of Conduct violations 

Automate Workflows & Approvals

With Essentials, workflows are built in: 
– Approvals route automatically based on risk or supplier type 
– All activity is tracked and timestamped 
– No more delays from missing emails 

Clean, Enriched, Deduplicated Supplier Data

TYS Essentials automatically deduplicates, enriches, and validates supplier data. Growing companies report: 
– 85%+ complete supplier profiles within 5 days 
– 50% reduction in time spent chasing missing info 

ROI Summary

Here’s what growing companies typically see when adopting TYS Essentials: 
 
Onboarding Time: ↓ 60% average cycle time reduction 
Payment Fraud Risk: ↓ Prevent $100K–$500K+ per incident 
Manual Processing: ↓ 40–60% reduction in admin time 
Risk Exposure: ↓ 30–50% fewer compliance delays 
Data Accuracy: ↑ 85%+ clean supplier records in 5 days 

TYS Essentials is designed to help growing companies stay ahead of onboarding risk, scale faster, and ditch the spreadsheets for good.

Request a Demo – see how TYS Essentials works in action 

April Harrison Blog, TYS Essentials , ,

Why Mid‑Market Teams Choose TYS Essentials to Manage Supplier Risk

If you lead procurement, compliance, or finance at a mid‑market company managing 500+ suppliers based across multiple regions, you face the same pressure to mitigate risk as Fortune 500 organizations, but with leaner teams and tighter budgets. You need a partner that can automate workflows, surface critical risk management insights, and help you stay audit‑ready without the overhead of a massive platform. 

That’s why we built TYS Essentials – a solution tailored to companies under $1 billion in revenue. 

The Mid‑Market Challenge

  • Complex supplier networks. You’re responsible not only for direct components but also for raw material sub‑suppliers and contract manufacturers. 
  • Regulatory scrutiny. ESG, data privacy, sanctions screening, and financial compliance never sleep. 
  • Resource constraints. Small teams can be overwhelmed by manual approvals, endless email threads, and static spreadsheets. 
  • Fraud & business continuity risks. Late payments, falsified documents, or sudden supplier bankruptcy can halt production. 

Now more than ever, it’s crucial to proactively manage risk, monitor your suppliers’ changing profiles, ensure compliance, and showcase ROI to leadership. 

How TYS Essentials Helps You Mitigate Risk

Rapid Onboarding & Discovery 

  • Ready-made workflows and a user-friendly interface enable you to onboard suppliers within days instead of weeks, whether they’re raw material mills in Southeast Asia or packaging firms in Europe
  • Fuzzy search, filters, and collaborative questionnaires help you find and qualify the right partners the first time

Integrated Risk Intelligence 

  • Data embedded from LSEG, D&B, Moody’s, and RapidRatings provides ongoing insights into financial stability and indicators of fraud
  • Sanctions, PEP, and ESG screening occur automatically during intake, so you can mitigate risk before it becomes a liability

Real‑Time Compliance Automation 

  • Auto‑track required documents and certifications; trigger alerts when expiration dates approach
  • Role‑based dashboards unite Procurement, Finance, Compliance, and Legal so everyone sees the same up‑to‑date snapshot. 

Audit & ESG Readiness 

  • Centralized metrics and built‑in audit histories ensure you can prove your compliance posture at any time
  • Report on raw material sourcing, carbon footprint, or supplier diversity in a few clicks

Scalable & Cost‑Effective 

  • No dedicated IT team? No problem. TYS Essentials installs in weeks, not months
  • Starting at $25 K/year, it’s priced for mid‑market budgets – no enterprise complexity or hidden fees

Real‑World Impact

With Trust Your Supplier, one team unified onboarding, risk management, and documentation — all in one workflow. 

  • 65% faster onboarding cycle times 
  • 85% supplier adoption within the first rollout phase 
  • Real-time integration with risk data providers 
  • Centralized supplier profiles and audit-ready document trails 

Outcome 

The company now operates a more agile and compliant onboarding process, and its team has shifted its focus from administrative tasks to strategic sourcing. 

How to Get Started

You don’t need a full system overhaul to make a major impact. TYS Essentials is built for teams that want to move quickly, reduce risk, and streamline onboarding without heavy IT lifts. Here are 4 simple steps: 

Step 1: Evaluate Your Current Process
Where are the delays? Who’s involved? What risks are being missed? Use our Supplier Risk Checklist 

Step 2: Use Our ROI Calculator
 Input your current onboarding numbers and get a custom savings snapshot here. 

Step 3: Schedule a TYS Essentials Demo
 Reimagine your process and get a look inside the TYS platform. 

Step 4: Start With One Region or Category
 TYS Essentials lets you start small and scale up with ease. 

April Harrison Blog, Risk & Compliance, Risk Management, TYS Essentials , ,

Introducing TYS Essentials: Scalable Supplier Management Without the Complexity

For fast-moving procurement teams, the pressure is on: onboard suppliers quickly, maintain compliance, reduce risk, and avoid tariff entanglements all without adding headcount or technology bloat. 

That’s why we created TYS Essentials, a streamlined, scalable version of our proven Supplier Management Platform. TYS Essentials delivers enterprise-grade functionality without the enterprise lift. It’s purpose-built for organizations managing 500-plus suppliers that need better tools now, not months from now. 

Why TYS Essentials and Why Now?

Advanced supplier management tools were once reserved for large global enterprises. Today, midsize companies face the same risks, just with fewer resources and tighter timelines. 

To stay ahead, you need to identify risks before investing time and money onboarding suppliers who may threaten your supply chain. 

TYS Essentials closes the gaps with a modular platform that delivers measurable value from day one without lengthy implementations, custom buildouts, or complexity.

Start Smart. Scale at Your Pace.

With TYS Essentials, you don’t need to overhaul your entire process overnight. Start with the capabilities that solve today’s challenges, such as fraud prevention or compliance automation, and add modules as your needs grow. 

What You Get with TYS Essentials

Faster Supplier Onboarding
Automated workflows that reduce manual effort and speed up supplier readiness 

Real-Time Risk Monitoring
Screen for sanctions, fraud, ESG violations, and cyber threats before onboarding 

Supplier Compliance Records
Centralized, audit-ready documentation with version control 

Clean, Enriched Supplier Data
Validated, deduplicated supplier profiles that improve analytics and reduce errors 

Tariff Impact Visibility
Understand and quantify global tariff exposure to guide sourcing decisions 

Smarter Supplier Discovery
Find pre-vetted, qualified vendors fast with TYS’s searchable supplier network 

Built for Procurement, Compliance, Risk, and Finance

Whether you’re establishing a centralized supplier program or replacing tools that no longer scale, TYS Essentials delivers the foundation you need, with simplicity, speed, and confidence. 

Simple, modular pricing starting at $25K/year 
Go live in days, not months 
Immediate ROI and time savings 
Built on the trusted, advanced technology of the TYS platform 

Ready to Take Control of Supplier Management?

TYS Essentials gives you the tools to streamline onboarding, manage risk, ensure compliance, monitor tariff exposure, and improve supplier performance, with the flexibility to grow as your needs evolve. 

 


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April Harrison Blog, TYS Essentials , , , , ,

Tariff Turbulence: Why Procurement Needs a Smarter Way to Manage Trade Exposure

Tariffs are once again dominating headlines – rising costs, shipping delays, and reshuffled trade routes. But while the noise is constant, what’s often missing is clarity. How exposed is your supply chain? What will these changes cost your business? 

If your team is struggling to move from speculation to strategy, you’re not alone. 

The Real Challenge: Disconnected Tariff Data

For most companies, tariff exposure is tracked in silos: 

  • Buyers and category managers keep manual notes and spreadsheets. 
  • Risk teams focus on macro trade shifts. 
  • Finance logs cost increases, but only after tariffs take effect. 
  • And procurement rarely has a centralized view to assess supplier decisions before onboarding. 

The result? A slow, reactive process that relies more on anecdotes than analytics—especially when trying to brief leadership or plan sourcing strategies. 

Introducing the TYS Tariff Exposure Scorecard (TES)

Trust Your Supplier’s Tariff Exposure Scorecard (TES) was designed to address this issue. 

TES is a real-time tool that consolidates key risk factors for every supplier in your network and generates a quantitative score to help you prioritize action and mitigate risk in your supply chain. 

What TES Evaluates: 

  • Country of origin 
  • Product classification (HS/HTS codes) 
  • Active tariff policies 
  • Applicable trade agreement exclusions/inclusions 

TES can also be weighted to match your organization’s specific sourcing priorities and risk tolerances. 

What You Get: 

✅ A clear risk score at the supplier and portfolio level 
✅ A heat map to visualize exposure by region and category 
✅ Real-time alerts when trade dynamics shift 
✅ A repeatable, objective metric to communicate tariff risk across Procurement, Finance, and Risk teams 

Whether you’re managing 500 or 5,000 suppliers, TES helps you proactively spot and manage tariff-related threats—before they hit your bottom line. 

Why It Matters

Tariff volatility is here to stay. Your supply chain strategy can’t rely on scattered data, inconsistent reporting, or “gut feel” risk assessments. With TYS Essentials and TES, you get the tools to: 

  • Justify sourcing decisions with hard data 
  • Stay ahead of shifts in trade policy 
  • Communicate risks clearly to executive stakeholders 

Want to know how your supplier base stacks up? [Schedule a demo]  or learn more about [TYS Essentials] and our full suite of risk, compliance, and onboarding tools 

April Harrison Blog, Tariffs

Sanctions Risk Is Supply Chain Risk: Why Vigilance Is Non-Negotiable

We all operate in an increasingly interconnected world.  In this global, multi-tiered environment, supplier relationships are no longer just about cost and capability; they’re about compliance and conscience. 

Every week, new sanctions are issued by governments and global organizations targeting companies, individuals, and entire industries. These sanctions aren’t just political. Increasingly, they are grounded in human rights violations, unethical labor practices, and environmental crimes. Today’s sanctions can be tied to geopolitical instability, supplier and sub-supplier practices, and even actions by individuals associated with supplier activities. 

Why It Matters

Sanctions can prohibit U.S.-based companies from doing business with certain suppliers, expose them to heavy fines, or damage their reputation overnight. A supplier that was compliant yesterday might be blacklisted today. The stakes are higher than ever: 

  • OFAC has issued thousands of sanctions-related actions in 2025 alone, many targeting suppliers in sectors like technology, mining, energy, and logistics. 
  • Human rights-based sanctions are expanding, with increased scrutiny around forced labor, conflict minerals (raw materials mined in areas of armed conflict or human rights abuses), and ESG violations. 
  • Global watchlists (like the SDN List, BIS Entity List, and EU/UN sanctions) are constantly evolving — often with little public warning. 

The Hidden Cost of Inaction

Relying on outdated spreadsheets or annual supplier reviews leaves companies dangerously exposed. Even one missed update can lead to unintentional violations, operational disruption, legal exposure, and reputational fallout. 

What Vigilance Looks Like

  • Continuous monitoring of global watchlists and sanction updates 
  • Automated workflows that trigger internal alerts and appropriate remediation steps 
  • Digital audit trails to demonstrate compliance and due diligence 
  • A secure, centralized supplier data hub that keeps pace with a rapidly changing world 

Trust Your Supplier: Your First Line of Defense

TYS brings together real-time sanctions monitoring, automated supplier validation, and a dynamic supplier network to help organizations stay compliant and resilient.  Integrations with leading global data sources – Moody’s RDC, LexisNexis with Dow Jones and Supply Wisdom – monitor sanctions and other key risk events across your supplier network.  With TYS, you’re not just checking a box, you’re protecting your brand, your operations, and your values. 

In a world where ethics and regulation intersect, supplier vigilance is no longer optional — it’s a business imperative. 

April Harrison Blog, Risk Management, Supply Chain ,

How to Prevent Supplier Fraud Before It Starts: Insights & Demo from TYS + LexisNexis

In today’s digital supply chain environment, fraud doesn’t need to break in — it only needs you to let your guard down. 

For many organizations, a supplier email update or a seemingly simple banking change can lead to major financial loss. Manual processes, siloed systems, and a lack of verification protocols continue to leave procurement and finance teams exposed. 

That’s why Trust Your Supplier (TYS) and LexisNexis Risk Solutions teamed up to address this challenge head-on in a recent podcast discussion — and demo — on how to prevent supplier fraud before it starts. 

A Conversation Rooted in Real-World Risk

In this episode, Chad Hill from TYS is joined by John Hutton of LexisNexis Risk Solutions to explore how payment fraud happens, why it’s still getting through, and how procurement and compliance leaders can proactively stop it. 

“A lot of companies think validating a bank account at initial supplier onboarding is enough,” Chad notes. “But fraud usually doesn’t come from the first interaction — it sneaks in during a change.” 

John brings the perspective of a company that sees the global banking validation and fraud landscape in real time, sharing how fraudsters manipulate payment processes and where organizations tend to overlook risk. 

Key Topics Covered

  • Where supplier fraud typically originates — and why it’s often overlooked 
  • What red flags procurement and finance teams should monitor 
  • The difference between bank account validation and fraud prevention 
  • How TYS and LexisNexis combine data, secure workflows, and two-factor authentication to block fraudulent changes 
  • Why email-based supplier updates are no longer safe 
  • The most critical data points that need to be verified and monitored 

See the Fraud Prevention Workflow in Action

The episode includes a live demo of how TYS integrates with LexisNexis to protect the entire supplier update process — from registration through change management and approval workflows. 

You’ll see how: 

  • Suppliers enter their banking information securely through TYS 
  • All updates are password protected, authenticated, and logged 
  • LexisNexis validates the banking information behind the scenes 
  • Buyers have full visibility and control before any change hits the P2P system 

 Watch the Full Episode & Demo 

April Harrison Blog, Podcast, Risk Management 0 Comments , ,
Image of pothole

Avoiding Supplier Blind Spots: How Unified Data Prevents Bad Days in Procurement

“Mondays are the potholes on the road of life.” – Tom Wilson, Ziggy

If there were a national contest, Monday would easily win Least Favorite Day of the Week. Overflowing inboxes, back-to-back meetings, and a to-do list longer than your weekend – Procurement Leaders, we feel your pain. 

In our last blog, we explored how fragmented supplier data creates invisible risks and inefficiencies. But what does that look like when it really matters? Here’s how the right supplier data platform can turn a potential disaster into just another Monday. 

Now imagine this Monday: 

  • A supplier emails new banking details — but is it really them? 
  • Your QA team flags a critical, single-source component for failing performance standards 
  • A new ESG regulation takes effect – compliance is now mandatory 
  • Your new A/P hire is out sick, leaving supplier inquiries and payments in limbo 

At this point, staying in bed might seem like the best decision you could make all week. 

But here’s the difference: your organization runs on Trust Your Supplier (TYS). Instead of scrambling, you’re equipped with unified supplier data, automated workflows, and real-time insights to stay ahead. 

A TYS-Powered Monday Looks Different

Bank Account Update — or Fraud Risk? 
You receive an email from a supplier with updated bank account details. Looks legitimate, but what if it’s not? 

With TYS, your team doesn’t rely on inbox guesswork. Instead, the supplier logs into their secure Digital Wallet and submits the change using two-factor authentication. That update automatically triggers a validation workflow. Your team is notified, reviews the change, and confidently approves — no fraud, no delays, and no unnecessary manual steps. 

QA Red Flag? 
Search by UNSPSC code, and the TYS network instantly surfaces qualified alternatives. You review their profiles, request connections, and begin assessing capabilities within minutes, not days. 

ESG Compliance Deadline? 
No scrambling required. Your TYS dashboard has been tracking this for months. Supplier questionnaires, documentation, and scores are centralized and up to date. One glance confirms you’re covered. 

A/P Resource Out? 
No delay. Supplier banking details and billing contacts are stored in their Digital Wallets, accessible by anyone on your team. Payments and communication continue uninterrupted. 

Why Procurement Leaders Trust TYS

With TYS, supplier management becomes proactive, not reactive. 

✅ Real-time visibility into supplier risk and disruptions 
✅ Vetted alternatives through a powerful, connected supplier network 
✅ Centralized supplier data for faster decisions and cross-functional collaboration 

 In a world where disruptions are constant and expectations are high, unified supplier data isn’t just a nice-to-have, it’s your first line of defense. 

And if untangling your supplier data is step one, avoiding blind spots is step two. With TYS, you’re not just organized – you’re ready. 

Missed Part 1? Check out our first blog: Untangling Supplier Data: The Hidden Risks in Your Procurement Systems 

Next up: 
How to evaluate whether your organization is ready to make supplier data a strategic advantage. Take our interactive quiz. 

April Harrison Blog, Supplier Information Management 0 Comments ,

UN International Telecommunications and Information Society Day – Applauding the Power of Global Connectivity


Case Study

May 17 marks the United Nations’ International Telecommunications and Information Society Day, honoring the 160th anniversary of the International Telecommunication Union (ITU). Since 1865, the ITU has brought together governments, private‑sector innovators, and academia to drive cooperation in advancing global communications. From the early telegraph to today’s breakthroughs in AI and quantum technology, its mission has remained the same: to ensure that digital progress is inclusive, accessible, and equitable. 

Originally recognized by the United Nations in 1969 as International Telecommunications Day, the celebration was expanded in 2006 to reflect the Internet’s transformative role in shaping a connected and information‑driven society. 

At Trust Your Supplier (TYS), we share in this commitment to global connectivity. Our platform helps build a trusted, digital network of suppliers, empowering companies to streamline onboarding, unify data, automate compliance, and gain AI‑powered risk insights—all within a secure, interoperable system. This technology not only simplifies supplier management, it levels the playing field for organizations and suppliers across borders, supporting transparency, collaboration, and resilience in the global supply chain. 

Celebrating Award‑Winning Innovation with BT Sourced

In 2024, our collaboration with BT Sourced was honored with SIG’s Future of Sourcing Award for Innovation in Supplier Performance. Together, we: 

  • Delivered a 55% reduction in supplier onboarding time 
  • Cut the volume of supplier questionnaires by 65% 
  • Achieved an 85% supplier adoption rate 

These results reflect how our joint solution harnessed immutable, audit‑ready records and smart‑contract automation to drive real‑time transparency and efficiency across BT Sourced’s 2,500+ key suppliers . 

Read the full case study to see how this partnership is reshaping telecom supplier management. 

As we recognize the power of technology to bridge gaps and drive equity, we invite your organization to reflect: Are you using digital innovation to unlock the full potential of your supplier ecosystem? 

For more information, visit the UN’s International Telecommunications and Information Society Day site. 

April Harrison Awards, Blog, Telecom 0 Comments ,

Celebrating Innovation: Shyam Adivi Named NC Tech NEXT TECH Award Winner

On April 16, NC TECH—the leading voice for North Carolina’s technology industry—announced the 2025 NEXT TECH Award winners, honoring exceptional contributors who drive growth in the state’s tech and tech-enabled companies. We are proud to share that Trust Your Supplier’s Director of Product Strategy, Shyam Adivi, has been recognized in the Tech + Innovation category. 

Shyam’s journey has roots in a strong technical foundation, having developed SaaS solutions utilizing advanced technologies like blockchain across India, the UK, and the US. This diverse experience made him an ideal fit for Trust Your Supplier. In TYS’s early days, Shyam wore multiple hats—developer, tester, and deployment lead—working closely with early adopters to refine our Supplier Management Platform. He fondly recalls meeting with customers in the afternoon to gather feedback, implementing enhancements for their review by the next day, showcasing his commitment to continuous improvement. 

As he’s progressed to leading our Product Strategy, Shyam combines his technical expertise with a deep understanding of business challenges faced by procurement teams globally. His natural curiosity drives him to experiment, measure, and innovate, ensuring TYS remains at the forefront of supplier management solutions. 

Beyond his strategic role, Shyam is a dedicated mentor to our technical staff. He encourages team members to look beyond coding, fostering an understanding of the business issues their work addresses. This approach not only enhances the team’s problem-solving capabilities but also keeps TYS aligned with the evolving needs in the dynamic landscape of supplier management. 

Outside of work, Shyam enjoys gardening and following cricket.  His family, with 2 young children, keeps him busy and balances his professional commitments with a rich personal life. 

Shyam’s recognition with the NC TECH NEXT TECH Award is a testament to his dedication and the innovative spirit he brings to our organization. We congratulate Shyam on this well-deserved honor and look forward to his continued contributions to our success. 

The 2025 Class of Winners will be celebrated during a reception on May 14 at the Durham Convention Center and profiled in the June issue of Business North Carolina.

View NC Tech NEXT TECH Rising Star Profiles

April Harrison Awards, Blog, News, Spotlight 0 Comments ,

Tailoring Your Supplier Strategy: Managing Direct and Indirect Relationships


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by Sri Gopinath

As procurement continues to evolve in complexity and scope, several requirements could differ between direct and indirect suppliers. While Procurement teams are tasked with managing both direct and indirect suppliers, each category plays a unique role in delivering value.  This requires supplier management strategies and selection criteria that could be different, managed by stakeholders who may also be different. Trust Your Supplier (TYS) offers a comprehensive platform designed to streamline supplier management across the entire supply chain.  

Understanding Direct and Indirect Suppliers

Direct Suppliers
They are providers of goods or services directly incorporated into a company’s end-product. A direct material supplier provides raw materials, components or subassemblies that are directly used in the manufacturing process of a company’s products. For example, a steel supplier for an automobile manufacturer or a cloud services provider supporting a software firm’s hosted solutions. Relationships with direct suppliers are collaborative, and tend to be long-term, focusing on consistent quality and reliability with recurring demand patterns over the product life cycle.  

Indirect Suppliers
These suppliers support the company’s needs for production and overall internal operations without being integrated into the final product. They encompass a broad range of goods and services, from production line spare parts and office supplies to software subscriptions, research & development, facilities management. The need for these products and services can vary greatly from month to month.  

Managing Direct Suppliers

Effective management of direct suppliers is crucial, given their impact on product total cost of ownership, quality, and delivery timelines. Key strategies include: 

  • Risk Management: Ensuring suppliers maintain necessary certifications and comply with industry standards to meet regulatory requirements
  • Operational Compliance: Verifying that suppliers adhere to company policies, including insurance coverage and ethical practices
  • Proactive Mitigation: Understanding and staying ahead of potential company exposure due to supplier factors is critical to preventing potential negative impact from social, sanctions, and reputational perspectives
  • Collaborative Planning: Engaging in joint forecasting and innovation initiatives to enhance product development and address potential issues proactively
  • Supplier Key Information: Gathering key information from suppliers to facilitate operations and transactions – e.g., business license, tax forms, bank account for transactions, etc. 

Trust Your Supplier (TYS), facilitates these needs through the creation of a secure digital wallet for each supplier with key information that is independently verified, along with: 

  • A centralized repository for certifications and essential documents 
  • Digitally enabled customizable workflows and questionnaires for onboarding 
  • Continuous monitoring of relevant company information 
  • Reports and visual dashboards for ongoing performance management

Tools for Managing Indirect Suppliers with TYS

While TYS provides similar firmographic information for suppliers, managing indirect suppliers may need to be set up differently due to unique needs, separate approval structure, etc. TYS supports this through: 

  • Bank Validation: Independent verification of banking information of information provided by suppliers to reduce the risk of fraud and create a traceable and verified process for managing account changes
  • Rapid Onboarding and Offboarding: While questionnaire capabilities are similar to direct suppliers, indirect supplier questionnaires and workflows may need to be set up differently to accomplish the onboarding and continuous monitoring process while ensuring compliance needs
  • Supplier Discovery: The supplier secure digital wallet created through registration on the TYS platform provides access to a network of vetted and trusted suppliers, enabling quick identification, outreach, and engagement of new suppliers as needs arise
  • Compliance Assurance: Implementing standard workflows that guide internal teams through the necessary steps and decision recommendations to onboard suppliers with full confidence

The evolving procurement environment demands efficient and effective management of both direct and indirect supplier relationships. By recognizing the distinct characteristics of each and employing tailored strategies, businesses can optimize their supply chains, mitigate risks, and enhance overall performance. Trust Your Supplier stands ready to support organizations in achieving these objectives through its robust supplier management platform. 

April Harrison Blog, Supplier Information Management 0 Comments , ,