Trustmi’s Modules
Vendor Onboarding
An easy and streamlined solution for securely signing up new vendors
The problem is that these tools do not address the security challenges that exist today. A typical vendor onboarding process involves a vendor sending legal and financial documents to the organization, and the organization manually validating the data before the vendor is paid. However, the entire onboarding flow is vulnerable at every step.
The vendor onboarding process is cumbersome and requires the involvement of different departments within the organization as well as outside vendors, making it prone to human error, internal collusion, and cyberattacks.
Get Onboard with The Trustmi Way
Our solution transforms vendor onboarding within the procure-to-pay process to remove the labor-intensive work that can result in errors and to protect vendor information from fraudsters.
- Secure payments seamlessly
Incorporate security controls and validate vendor files and data at each step within the vendor lifecycle. - Automation
made easy
Replace resource-heavy, manual processes with an efficient, automated approach. - Customizable workflowsConfigure vendor onboarding workflows your way so it aligns with
your unique process. - Streamlined change processesReplace a vulnerable and manual change process with fully secured bank account validation.
- Bridging
the Silos
Enable collaboration between departments and enforce the organization’s process across all stages. - Personalized
vendor portal
Leverage a tailored self-service platform that streamlines vendor enrollment and fully validates vendor payment details and files. - Integration with
no headaches
Integrate our AI-powered tech into your existing systems without creating extra work for internal teams. - Continuous
sanction checks
Remain compliant and vigilant with our automated and real-time sanction validations that safeguard your operations against regulatory risk.
Our solution will help your team adopt a secure, efficient, and error-free vendor onboarding and procurement process.