What is vendor onboarding?

Vendor onboarding is the process of vetting, validating, and integrating new suppliers into your business ecosystem. It ensures that vendors meet compliance requirements, mitigate risks, and align with your operational needs, reducing fraud and disruptions.

How does Procol streamline vendor onboarding?

Procol automates compliance checks, validates certifications like TIN, VAT, and MSME, and simplifies data collection through an intuitive portal. This reduces manual effort, minimizes errors, and cuts onboarding time by 50%.

Does Procol support global vendor onboarding?

Yes, Procol enables seamless global vendor onboarding by leveraging advanced automation and compliance validation tools, ensuring due diligence and regional regulation compliance across geographies.

How does Procol manage compliance risks?

Procol proactively identifies compliance gaps with real-time risk scoring, mitigates risks of fraud, tax evasion, and non-compliance, and ensures 100% data accuracy to safeguard operations.

Can Procol integrate with existing tools?

Procol offers seamless integration with your existing ERP, procurement, and compliance management tools, ensuring a smooth transition and enhanced workflow efficiency.

Robust, compliant vendor onboarding starts here

Conduct thorough due diligence and vet vendors effectively to reduce risks of fraud, non-compliance, and operational disruptions.

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Trusted by world’s leading enterprises

No more compliance headaches — we've got it covered!

Traditional methods won’t cut it. Automate vendor compliance checks and eliminate manual verification for smooth and hassle-free onboarding

Automated compliance verification

Validate certifications like TIN, VAT, & MSME instantly, ensuring vendors meet regional regulations.

Proactive risk mitigation

Identify compliance gaps early with real-time risk scoring in our supplier onboarding module.

Reduce onboarding time

Replace manual processes with streamlined, automated workflows.

Reduce errors

Minimize the risk of human error and ensure 100% data accuracy.

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Seamlessly onboard vendors globally - in weeks, not months

Seamless vendor onboarding and due diligence

Invite vendors to Procol

Send vendors a personalized invite to join Procol’s platform and kickstart the onboarding process seamlessly.

Built-in tools to send, track, and manage invites efficiently.
Custom instructions for an easy onboarding process.
Monitor invite status to ensure timely follow-ups.

Collect vendor information

Gather critical vendor data, including PAN and TAN details, through an intuitive portal, ensuring all necessary compliance information is submitted with ease.

Create dynamic forms to suit diverse data needs.
Notify vendors of incorrect information & resubmission.
End-to-end encryption on vendor data for compliance and security assurance.

Validate certifications automatically

Leverage advanced automation to verify TAN, PAN, and MSME registrations directly from government databases. Ensure vendors meet tax compliance and mitigate risks of fraud or tax evasion.

Auto-validate vendor certifications with regulatory databases.
Flag discrepancies or incomplete data instantly for resolution.
Send real-time updates to vendors during the validation process.

Approve, score, and onboard

Streamline approvals and onboard reliable vendors for robust supply chain risk management and smooth operations

Evaluate vendors with vendor scoring based on compliance, reliability, and risk.
Dynamic approval workflows to approve valid vendors.
Build a robust supplier database for seamless operations.

Invite vendors to Procol

Send vendors a personalized invite to join Procol’s platform and kickstart the onboarding process seamlessly.

Built-in tools to send, track, and manage invites efficiently.
Custom instructions for an easy onboarding process.
Monitor invite status to ensure timely follow-ups.

Collect vendor information

Gather critical vendor data, including PAN and TAN details, through an intuitive portal, ensuring all necessary compliance information is submitted with ease.

Create dynamic forms to suit diverse data needs.
Notify vendors of incorrect information & resubmission.
End-to-end encryption on vendor data for compliance and security assurance.

Validate certifications automatically

Leverage advanced automation to verify TAN, PAN, and MSME registrations directly from government databases. Ensure vendors meet tax compliance and mitigate risks of fraud or tax evasion.

Auto-validate vendor certifications with regulatory databases.
Flag discrepancies or incomplete data instantly for resolution.
Send real-time updates to vendors during the validation process.

Approve, score, and onboard

Streamline approvals and onboard reliable vendors for robust supply chain risk management and smooth operations

Evaluate vendors with vendor scoring based on compliance, reliability, and risk.
Dynamic approval workflows to approve valid vendors.
Build a robust supplier database for seamless operations.

Challenging the status-quo

Intuitive vendor onboarding interface

Easy-to-use and customizable interface to collect vendor details.

Automated vendor scoring

Gives supplier’s score against the onboarding inputs

Customizable approval workflows

Multi-level approvals for better decision-making

See How Procol Works

Enterprise-grade security you can trust

Procol ensures your data stays protected with robust and enterprise-grade security measures. Trust us to safeguard your procurement operations at every level.