Vendor Portals are a secret weapon
🤓🧠Your weekly roundup of Procurement Insights
Hey, Procurement Legends,
I feel super refreshed after a week away from things. I genuinely cannot recommend it enough. A mixture of fishing, camping, fossil hunting, two birthdays…and some much needed down time.
Anyway, I’m back to it this week, and I’m actually running a webinar next week with Gatekeeper all about Vendor/Supplier Portals. I’m bullish on these portals and I used it in my previous role at 10x Banking.
The Vendor Portal is your organisation’s digital front door, providing a centralised platform for all vendor interactions and management.
You can:
- Streamline onboarding and due-diligence reviews
- Manage compliance as you get certificates, accreditations, and risk reviews
- Build easy-to-follow vendor & contract management processes,
-Have Vendors self-serve information that you can quickly review
-Manage and track all tasks, such as contract obligations
-Collaborate with any part of your organisation and work with your vendors.
In short, the Gatekeeper Vendor Portal is more than just a tool for managing vendors—it’s a solution that enhances efficiency, transparency, and collaboration, helping your organisation build long-term, successful vendor relationships.
Sign Up for the Webinar here.
What I'm Reading
Countdown to DORA
The Digital Operational Resilience Act (DORA) requires financial entities in the EU to improve their operational resilience by January 2025. A key focus is managing risks from third-party ICT providers, which involves thorough assessments, detailed documentation, and ongoing monitoring. Due to the complexity and resource demands, compliance presents challenges, especially for smaller businesses.
Useful Content
This Post by Nada
Thanks for reading, please share any insights you’ve found useful this week.
Daniel