Supplier Data Management

002Effective strategic sourcing begins with accurate information on your supply base. By cleansing, enriching and standardizing your supplier data, Equifax enables you to leverage your buying power and reduce costs. Equifax provides services to create a secure, web-based, self-service environment along with verification and support so that you can focus on managing instead of collecting information and documents.

Benefits to you:

  • Reduce purchasing costs through greater insight into supplier ownership relationships
  • Reduce dependency on suppliers that have a high likelihood to fail within the next year
  • Gain a better understanding of overall supplier spend
  • Increase supplier diversity through improved ownership categorization and supplier registration
  • Enhance compliance and reduce risk with effective supplier monitoring
  • Use a common identifier for invoices, requisitions, payments, shipping, customs clearance and other business documentation

Solutions we offer:

  • Supplier master rationalization and enrichment
  • Supplier risk monitoring
  • Spend data management
  • Supplier diversity reporting
  • Federal contracting reporting
  • Supplier registration and onboarding portals integrated with your ERP systems

With more than 50 million businesses worldwide in our database, Equifax Supplier Data Management Services enhances the procurement, strategic sourcing, spend analysis and supplier diversity functions within your organization.

Products and Services
Master Data Management Services By cleansing and enriching your customer, supplier and employee data, Equifax enables you to improve your sales and marketing, leverage your buying power to reduce costs and enhance relationships with employees.
Supplier Data Management Services With Supplier Data Management Services, you gain sourcing visibility across all transaction systems and business units – enabling you to minimize risk and leverage buying power to reduce costs.
Supplier Diversity More and more companies are establishing supplier diversity programs. But any company’s program is only as good as the integrity of the supplier and spending information supporting it.