Supplier Operations
Enhance supplier collaboration and lower cost of goods with ServiceNow Source-to-Pay.
Outcome Driven Solutions (ODS) enhances ServiceNow Supplier Operations by streamlining processes and optimizing supplier relationships. Your team will realize measurable cost savings, eliminate inefficiencies, and discover actionable insights that strengthen partnerships and drive long-term value.
Core ServiceNow Supplier Operations Capabilities
ServiceNow’s Supplier Onboarding simplifies and accelerates the process of integrating new suppliers into your operations. By automating key steps in the onboarding workflow, including supplier registration, document verification, and compliance checks, ServiceNow ensures consistency and reduces manual effort. There is a centralized portal for suppliers to submit required information and documents, streamlining communication and reducing delays. Additionally, real-time tracking and notifications keep stakeholders informed of progress, ensuring a seamless and efficient supplier onboarding experience. This standardized approach improves supplier relationships, minimizes risk, and sets the stage for successful collaboration.
Supplier Data Management enables organizations to maintain accurate, up-to-date, and centralized supplier information. ServiceNow streamlines data collection and validation through automated workflows, reducing manual entry errors and ensuring data consistency. Suppliers can manage their own profiles via a self-service portal, simplifying updates to critical information such as contact details, certifications, and compliance documents. Integration with Vendor Risk Management ensures supplier data is continuously monitored for changes that might affect risk or performance. ServiceNow also provides robust reporting and analytics, enabling organizations to gain actionable insights into supplier performance and trends. These capabilities improve data accuracy, enhance decision-making, and foster stronger supplier relationships.
ServiceNow’s Supplier Self-Service Portal empowers suppliers with an intuitive, centralized portal for managing their interactions and data. Suppliers can easily update profile information, submit compliance documents, and track the status of onboarding or ongoing transactions in real time. The portal streamlines communication by providing a single point of access for inquiries, updates, and notifications, reducing delays and manual back-and-forth. Integrated with ServiceNow’s broader supplier management ecosystem, the portal ensures seamless data synchronization and visibility across teams. By automating routine supplier interactions and enabling self-service, the portal enhances supplier satisfaction, reduces administrative workload, and fosters more efficient collaboration.
ServiceNow’s Risk and Compliance Management streamlines the identification, assessment, and mitigation of risks while ensuring regulatory compliance across the organization. By integrating risk management with day-to-day workflows, the platform provides real-time visibility into potential issues, enabling proactive decision-making. Automated risk assessments, control testing, and compliance audits help reduce manual effort and improve accuracy. ServiceNow’s centralized risk register and reporting tools ensure all stakeholders have access to the latest insights, while customizable dashboards allow organizations to monitor key risk indicators and compliance metrics. With built-in regulatory content and integration with third-party systems, ServiceNow ensures businesses stay ahead of evolving requirements, fostering a culture of accountability and resilience.
Some added benefits from working with ODS:
ODS can help you prioritize high-performing suppliers and phase out underperformers by leveraging integrated performance insights. You’ll be able to identify opportunities for supplier consolidation, streamlining your supply chain, and reducing procurement costs while boosting operational efficiency.
ODS specializes in identifying and consolidating low-value, high-volume purchases that are often dispersed across non-strategic suppliers. By implementing intelligent controls and customized workflows, we reduce unmanaged spend, enabling your organization to secure better terms with fewer, more strategic partners.
We enable joint cost-saving initiatives with your suppliers that foster shared efficiencies. Using value-driven analytics and streamlined communication, ODS facilitates collaborative process improvements and cost-reduction initiatives that deliver measurable financial benefits for both your organization and your suppliers.
ODS analyzes supplier contracts to uncover the best pricing, terms, and conditions across agreements. By employing a market basket approach, we empower you to negotiate even more competitive vendor pricing, unlock additional savings, and strengthen long-term supplier partnerships to drive sustained value.
"ServiceNow Supplier Lifecycle Operations solution was a game-changer. Our partner: ODS, helped us cut supplier onboarding time by 50%, and we’ve built much stronger partnerships thanks to the Supplier Collaboration Portal."
Prasad K, Director of Sourcing