Vendor Onboarding and Compliance Management
VendOnBoard provides an easy-to-use web portal for vendors to signup to work with you and for your team to manage them.
Control the Controllable
It’s important to fundamentally protect your company from known and unknown risks by maintaining regulatory compliance.
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FAR Compliance is Required…
The Federal Acquisition Regulation is the primary regulation for use by all executive agencies in their acquisition of supplies and services with appropriate funds. Although most contractors understand that their documentation needs to be air tight, it’s an often neglected aspect of compliance, which creates entirely unnecessary risks and costs.
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…and Just Good Business for Primes and Vendors.
While debarment, suspension or receiving penalties are real risks when working with the federal government, being in compliance, put simply, is just a good business practice. Having reps & certs and current insurance for primes and their vendors readily available saves time, has you prepared for accidents/incidents and helps you avoid preventable litigation.
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Managing Vendor Info can Take Time & is Costly
Tracking critical documents and insuring you, your vendors and subcontractors have updated documents and representations & certifications on hand at all times is a critical business function. But very often, this practice is time consuming, costly and falls far short of complete. This is a huge but preventable risk which VOB immediately solves.