Evident's Vendor and Supplier Onboarding Solution is a third-party risk management platform that manages the end-to-end onboarding lifecycle for vendors and suppliers. The platform centralizes documentation and automates evaluation tasks that would otherwise require manual review. It covers the full onboarding workflow from initial contract execution through post-contract due diligence, including verification of tax documents (W-9 forms), Secretary of State registrations, legal entity names, and Certificates of Insurance. Core functional areas include: - Lifecycle Management: Consolidates all third-party information and enforces consistent workflows across onboarding, management, and ongoing monitoring stages. - Contract Signature: Provides a secure e-signature capability to facilitate contract execution and associated documentation. - Business Verification: Checks official records such as SoS registrations, legal entity names, and tax documents to confirm third-party legitimacy and compliance standing. - Document Evaluation: Uses machine learning algorithms and configurable decisioning criteria to automate document review, assess compliance, and identify risk factors. The solution is designed for use by Risk, Procurement, and Operations teams. It supports continuous supplier monitoring to maintain compliance standards after initial onboarding.