SupplierGateway

Maybe Santa can't deliver, but we can 😉

You know what makes going OOO for the holidays easier? Knowing your suppliers are reliable and there won't be any interruptions in service. We're curious: Do you trust your suppliers to run things while you're home for the holidays? P.S. If not, we can connect you with certified suppliers you can count on 😉

Feels good to say "so long" to the chaos of supplier management without a unified platform

Unfortunately, costs are rising in the financial services industry. From complex supply chains to regulatory compliance, we know you're struggling to minimize expenses without sacrificing service quality or compliance standards. Here are 4 strategies we recommend to reduce costs in the new year: 𝟭. 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝗿 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 Manually managing suppliers is labor-intensive and prone to errors. Automate your supplier onboarding to reduce the need for manual intervention and added labor costs. 𝟮. 𝗖𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝗿 𝗗𝗮𝘁𝗮 Disparate data across multiple systems can lead to inefficiencies and unnecessary costs. Eliminate redundant processes and reduce administrative overhead by centralizing all supplier data. 𝟯. 𝗩𝗲𝗻𝗱𝗼𝗿 𝗖𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗼𝗻 By providing visibility into supplier contracts and performance, a supplier management platform empowers you to consolidate vendors and negotiate better terms, resulting in significant cost savings. 𝟰. 𝗔𝘃𝗼𝗶𝗱𝗶𝗻𝗴 𝗡𝗼𝗻-𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗙𝗶𝗻𝗲𝘀 Regulatory fines for non-compliance are costly. Automated compliance monitoring ensures that your firm stays compliant with GDPR, SOX, AML, and Dodd-Frank Section 342, minimizing the risk of costly penalties. Which is the most important to you in the new year?

When I'm trying to manage my suppliers, but they're all in different systems

Having trouble finding the right clients? Get certified and join the SupplierGateway network to connect with Fortune 500 buyers (with budget 😉 ) in the new year.

Agility in procurement is not just a competitive advantage for financial services—it's a necessity. As the industry faces an evolving regulatory landscape and increasing demands for transparency and efficiency, leveraging high-quality supplier data becomes crucial. By optimizing procurement processes with reliable supplier information, financial institutions can enhance agility while effectively managing risks. To effectively implement supplier data strategies, financial services organizations should consider the following steps 👇

Financial services is a heavily regulated industry. So how exactly do you ensure your supply chain meets all the compliance standards? Here are 5 critical steps you can take to automate the entire process:

Regulation is crucial when you're in financial services. It can be tough to balance stringent compliance standards with cost control and full supply chain transparency. But our very own Leanne Strickler and Ilya Kuntsevich can help you out. They put together an on-demand webinar to show you exactly how you can streamline supplier compliance—while still cutting costs. Watch on-demand: https://lnkd.in/ezn8UZRa

Sorry, but buyers will always prefer certified suppliers 💅 If you want to get certified, we can help with that 😉