Vendor Onboarding Workflow is a process that businesses use to effectively evaluate, select, manage, and maintain relationships with vendors. This workflow ensures that vendors comply with all legal requirements, industry standards, and company policies before doing business with a company. To optimize the onboarding process, businesses can utilize automated systems, such as digital forms, e-signatures, document sharing, and other technologies to streamline manual tasks and store critical information. With an effective Vendor Onboarding Workflow, businesses can ensure vendor compliance and develop long-term successful partnerships.