The traditional process of validation & qualification is slow and cumbersome for both purchasing teams and suppliers.
Suppliers must submit their information to each buyer in different formats. Buyers must review supplier information and ratings to meet compliance regulations. These highly manual and repetitive steps result in long lead times to their first transaction.
Trust Your Supplier frees both buyers and suppliers from redundant administrative work with a seamless exchange of information, increased visibility, and embedded third-party risk management.
Reduce supplier effort to share information with customers
With TYS, suppliers can update once, share with many.
Reduce procurement team effort to collect and validate supplier information
Procurement teams automatically receive updated and accurate supplier information along with market, media, and other external commentaries to constantly monitor news regarding suppliers.
Single Supplier Digital Identity
Automatic Updates & Notifications
Embedded Third-Party Risk Management
Smart Attributes for Compliance Activities