1、The Modern Guide To Secure Vendor OnboardingSupplier Risk:Abstract3I.Mastering Modern Supplier Risks:New Trends&Challenges4II.Building Strong Foundations:The Essential Guide to Supplier Onboarding10III.Leveraging Automation:The Future of Supplier Risk Management16Summary21Table of contentsAbstractAs

2、 businesses experience globalization,the complexity of their supply chains has grown proportionately.New supplier risks have emerged,and existing risks have evolved.Digital transformation,geopolitical context,and workforce turnover present unique challenges,emphasizing the need for an adaptive appro

3、ach to supplier risk management.Procurement teams face more challenges and responsibilities than ever before,especially when it comes to fraud risks and vendor data security.Supplier onboarding is the gateway to a successful supplier experience and business relationship.The cost of overlooking or un

4、derestimating the importance of this process can be critical for businesses.Errors,payment frauds,financial loss Poor supplier onboarding can have serious consequences.This guide aims to shed light on the evolution of supplier risks,the importance of supplier onboarding,and ways to fortify it agains

5、t risks.With the participation of:Alexandra LafaurieVP Product ManagementJAGGAERBaptiste CollotCo-Founder and CEOTrustpairWith the participation of:Alexandra LafaurieVP Product ManagementJAGGAERBaptiste CollotCo-Founder and CEOTrustpairI.Mastering Modern Supplier Risks:New Trends&ChallengesRisks are

6、 more important than ever because businesses are more and more interdependent.And weve seen this with the COVID crisis:it put the world economy under a major strain.Everything from transportation to manufacturing was suddenly threatened.Baptiste CollotCo-Founder and CEOTrustpairRisks are more import