Workflow Templates: Vendor Onboarding Checklist

Collect and verify business licenses and permits

Review and sign non-disclosure agreements

Conduct a background check on the vendor

Ensure compliance with industry regulations

Review and sign service-level agreements

Set up vendor payment terms

Collect and verify bank account details

Determine the invoicing process

Verify the vendor's tax identification number

Agree on the payment schedule

Integrate vendor systems with company systems

Establish communication protocols

Set up inventory management processes

Train vendor on order fulfillment procedures

Agree on key performance indicators (KPIs)

Define product specifications and standards

Establish quality control processes

Conduct initial product testing

Set up a process for handling returns and defects

Agree on continuous improvement measures

Review vendor's data security policies

Ensure compliance with data protection laws

Set up data sharing agreements

Conduct a cybersecurity audit

Establish data breach response protocols

Vendor Onboarding Checklist