Generic selectors
Exact matches only
Search in title
Search in content
Sign In
new blog who are you letting into your supply chain?

Who Are You Letting Into Your Supply Chain?

Supplier onboarding isn’t a checkbox. It’s your first and sometimes only chance to stop risk before it enters your supply chain. 

In today’s procurement environment, many teams in North America and Europe are still managing onboarding with email threads, spreadsheets, and manual forms. That may seem like “good enough,” but these outdated processes leave your organization exposed to operational disruptions, compliance failures, and reputational damage. 

The Risk in Manual Onboarding

When onboarding is fragmented and slow, critical red flags can be missed entirely. Teams often don’t discover a supplier’s financial instability, ESG violations, or ownership risks until long after contracts are signed and money has changed hands. That kind of late-stage discovery is costly—in time, resources, and brand credibility. 

And it’s not just about risk. Manual processes drain time from your team, frustrate internal stakeholders, and delay time to value with new suppliers. It’s inefficient, and it’s unsustainable. 

Why Supplier Onboarding Is a Strategic Risk Function

The onboarding moment is the one time in the supplier lifecycle when you have full control. Before issuing a PO or starting work, you can ask questions, validate claims, and assess risk. But too often, that opportunity is missed because onboarding is treated as a checklist task instead of a strategic safeguard. 

Modern organizations are shifting their perspective: onboarding is no longer just about data collection. It’s about risk discovery, compliance alignment, and supplier accountability right from the start.

What Modern Supplier Onboarding Software Looks Like

So what does good onboarding look like in 2025?

  • Guided supplier intake with clear roles and ownership 
  • Real-time risk screening and document validation 
  • Cross-functional workflows that don’t rely on email 
  • Centralized storage for ESG, compliance, and audit documentation 
  • Flexible paths based on supplier type, geography, or risk profile 

Choosing the right supplier onboarding software allows your team to work faster, smarter, and with full visibility into supplier risk. 

How TYS Essentials Helps

That’s where TYS Essentials comes in, giving mid-market teams the tools to onboard smarter, stay compliant, and surface supplier risk from day one. 

With TYS Essentials, your team can: 

  • Eliminate email-based approval chains 
  • Automate document collection and expiration tracking 
  • Use prebuilt workflows for faster onboarding 
  • Access integrated risk insights before you onboard 
  • Maintain a clean, centralized view of supplier records 

TYS Essentials is a supplier onboarding software solution purpose-built for procurement and compliance teams in fast-moving industries. 

Final Thought: Onboarding Is the Moment of Truth

Your supplier onboarding process is more than an operational task – it’s the gateway to every relationship, risk exposure, and compliance outcome downstream. 

Getting it right matters. 

Ready to take control of supplier onboarding? Download the Supplier Onboarding Playbook.

April Harrison Blog, TYS Essentials ,

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. 

 


Request Demo
April Harrison Blog, TYS Essentials , , , , ,