Parallel to identifying suitable partners, businesses in the competitive market cannot lose time in the tedious processes and red tape associated with onboarding and identifying suppliers that meet their requirements. This is where Gedanken, with its G-Certify platform, assists clients in mitigating risks and bypassing the bureaucracy associated with onboarding suppliers of their choice.
"Using automation to verify and approve the documents provided by the supplier, G-Certify reduces the average time for approval by 90 percent, accelerating the overall onboarding process," says Lucas Madureira dos Anjos, CEO and co-founder of Gedanken.
Gedanken has developed G-Certify, a risk mitigation and onboarding platform that accelerates the certification and verification of documents by suppliers in an automated manner. The platform provides relevant data and credentials to establish a partnership, speeding up the process. The onboarding process for partnerships—usually stretching over five weeks—is completed within two days, depending on the client's requirements. The automated process enables clients to carry out operations, eliminate supply chain disruptions and, in turn, increase operational efficiency.
G-Certify can be integrated seamlessly into existing ERP, e-procurement, and stand-alone infrastructure, easing the deployment process. The AI-enabled G-Certify platform gathers intrinsic information by examining over 400 public and open-source databases and evaluating the data to provide clients with a better understanding of the supplier's operations. This process allows clients to analyze financial risk, delivery schedules, reputation, and image of the enterprise to make informed decisions. The platform's intuitive interface lets suppliers share additional information, answer essential questions, and undertake training on a centralized platform. Using automation to read the balance sheets and other data shared by the partner, it creates a repository for clients to organize and check the third party's documents at a single location, improving efficiency.
"We not only deploy the platform but help clients with the methodology of the entire onboarding process and risk mitigation to foster a fruitful partnership," adds Anjos. Along with the platform, Gedanken’s founders and executives have extensive experience managing high-performance teams of large companies in purchasing, operations, expansion, finance, and sales.
Using automation to verify and approve the documents provided by the supplier, G-Certify reduces the time to onboard the partner by up to 90%
Gedanken's G-certify platform assists numerous hospitality, construction, retail, and distribution companies in monitoring and managing third-party partners' risk. G-certify enables the completion of processes, necessitating multiple enterprise service providers on a single platform, increasing efficiency and reducing downtime. Providing extensive security and creating an atmosphere of collaboration through verified data, Gedanken, with the G-certify platform, is revolutionizing B2B partnerships by bringing visibility and effectiveness to supply chain management.