FAQs

The main benefits of supplier diversity certification are eligibility for government funding/grants, access to government contracts, and participation in corporate inclusive procurement initiatives.

Most corporate supplier diversity initiatives require a third-party supplier diversity certification in order to count any spending or activities done with a diverse business. Being certified allows you to be counted, which makes you a more attractive company to do business with.

Any bonafide US Citizen- or Resident-Owned Business that is 51% owned, managed, and controlled by one or more of the included diversity categories (minority, woman, veteran, disability, LGBT) is eligible to get certified. Any business that meets the US Government’s threshold of Small Business is also eligible for certification, regardless of diverse ownership.

Non-US EDC Certification categories will be added in the near future, but EDC is also currently available in Nigeria, Kenya, Canada, and the UK. Qualifications vary depending on country, and this will be updated to reflect those qualifications in the near future.

For a Sole Proprietorship, any one of the following documents is required as applies to your organization:

• Schedule C of owner’s tax return (most recent)
• Fictitious Business Name Statement (if a DBA is being used)
• IRS Form SS4 (if in business less than a year)
• IRS LTR 147C – EIN Verification Letter (if in business less than a year)
• Active business license showing the owner’s name or DBA

For a Limited Liability Company (LLC), any one of the following documents is required as applies to your organization:

• Articles of Organization/Certificate of Formation
• Operating Agreement (fully executed)
• Certificate of Filing (actual form, not the certificate page)
• Initial Resolutions (fully executed)
• Statement of Information
• IRS SS4 (Sole Member only)
• Diversity Certification from NMSDC, WBENC, NGLCC, USBLN, NaVOBA or NVBDC

For an S-Corporation, any one of the following documents is required as applies to your organization:

• Articles of Incorporation with the stock information included
• Form 1120 of corporation tax returns (most recent)
• Active diversity certification from NMSDC, WBENC, NGLCC, USBLN, NaVOBA or NVBDC

For a C-Corporation, any one of the following documents is required as applies to your organization:

• Stock Ownership documents
• Liquor License applications
• Financial contributions statement
• Contract agreements (small businesses without share certificates)
• Active diversity certification from NMSDC, WBENC, NGLCC, USBLN, NaVOBA or NVBDC

No. Certification is a completely digital application process. There are no site visits. That means your application will take as little as 15 minutes to complete, and your business is certified within 72 hours.

Get the supplier diversity certification preferred by government agencies and the world’s leading companies like Microsoft and Amazon.

About 17 minutes, give or take.

SupplierGateway’s Enhanced Digital Certification™ makes it easy to get certified by being the most affordable and inclusive diversity certification on the market. We certify small, woman-owned, minority-owned, veteran-owned, disability-owned, LGBT+-owned, and HUBZone businesses.

Compare this to other certifications. The traditional certification process can cost thousands and take months to complete for a single diversity category.

EDC certification is affordable.

Get certified for as little as $25/year.

Save time by certifying your business for up to three years for only $70.

EDC is more than just diversity certification.

EDC also verifies all business information and conducts screening and risk evaluations. We include sanctions checks, Excluded Party List System (EPLS) checks, and more.

SupplierGateway’s software is suitable for both small and large healthcare organizations. It offers scalable solutions that can be tailored to the specific needs and budgets of any organization size. Whether managing a single clinic or a large hospital network, SupplierGateway provides the tools necessary to enhance operational efficiency and vendor reliability.

Our vendor management software caters to the unique needs of the healthcare industry by offering features tailored for regulatory compliance, secure handling of sensitive data, and streamlined procurement processes. It provides real-time tracking of vendor performance and supports diverse supplier networks, ensuring healthcare providers have reliable and compliant sources for their essential supplies.

Vendor management software can help your healthcare organization ensure compliance with regulatory standards, reduce costs through efficient procurement, and improve patient care by maintaining a reliable supply chain. It helps manage vendor risks, track performance, and streamline administrative tasks, allowing staff to focus more on patient needs.

Vendor management software for healthcare streamlines the process of managing relationships with suppliers, ensuring compliance, and optimizing procurement. It enhances operational efficiency by centralizing vendor data, automating workflows, and providing real-time insights into vendor performance and contracts.

Yes, our e-procurement software can be customized to fit the specific workflows of your agency. It allows for tailored features and processes to align with your agency’s unique procurement needs and regulatory requirements, ensuring a seamless integration into your existing systems.

E-procurement software helps procurement teams at government agencies streamline their purchasing processes, cut down on administrative overhead, and maintain compliance with regulations. It provides a centralized platform for managing bids, contracts, and purchase orders while simplifying the tracking and reporting of procurement activities.

E-procurement software for government agencies simplifies the procurement process by automating the purchase of goods and services, such as office supplies or construction contracts. This technology enhances operational efficiency, data transparency, and regulatory compliance within government procurement operations.

With SupplierGateway, you can tailor the interface to highlight relevant data, generate reports that meet your unique business needs, and design workflows that align with your procurement strategy. This flexibility ensures that the platform adapts to your operations, enhancing efficiency and effectiveness in your procurement activities.

To choose the right digital procurement platform for your business, consider your specific procurement needs, scalability, ease of integration with existing systems, and user-friendliness. Additionally, evaluate features like supplier management tools and support for building strong vendor relationships. It’s also helpful to read reviews and request demos to ensure the platform aligns with your business goals and workflow.

Your business should use a digital procurement platform to boost productivity, reduce costs, and improve transparency in the procurement process. It enables better supplier management, reduces errors, and helps build strong vendor relationships, leading to more informed decision-making and increased operational efficiency.

A digital procurement platform is an online system that automates and simplifies the purchasing process for businesses, enabling efficient management of suppliers, orders, and payments. It enhances transparency, reduces costs, and improves procurement efficiency through integrated tools and analytics.

SupplierGateway’s procurement software integrates with your existing construction accounting system. Connect seamlessly with any ERP and AP systems for full data transparency across different teams and departments.

Essential features of construction procurement software include automated workflows, data insights, and comprehensive supplier management. These features help construction companies manage materials and suppliers more efficiently, whether you’re overseeing multiple projects or running an independent business on your own.

Construction companies can use procurement software to save time and reduce errors when ordering materials or hiring subcontractors. It helps keep track of deliveries, ensures you always have the right supplies on hand, and lowers costs by finding the best prices from trusted vendors. Beyond that, procurement software provides deep data insights, simplifies reporting, and automates administrative tasks to free up your time for more important projects.

Procurement software for construction companies helps builders and contractors acquire materials and services, manage vendors, and track expenses. It streamlines the purchasing process, ensuring construction projects stay on schedule and within budget. Procurement platforms also offer features like automated workflows and data enrichment to simplify complex tasks and improve efficiency.

Procurement management software helps your business save money by automating routine tasks, reducing manual errors, and improving supplier negotiations. It provides insights into spending patterns, identifies cost-saving opportunities, and enhances efficiency, leading to lower operational costs.

When choosing procurement management software, look for features like supplier management tools, automated order processing, and contract management features. Platforms that offer benefits like in-depth spend analysis, seamless system integration, dynamic reporting, customizable workflows, and precise compliance tracking will elevate your procurement process.

Software for procurement management automates tasks like supplier selection, order processing, and contract management. It boosts efficiency, reduces costs, and maintains compliance with procurement policies.

Yes, our vendor management system works effortlessly with your current accounting or ERP system, keeping all your supplier information accurate and synchronized throughout your business.

Look for a vendor management solution with features like easy integration with existing systems and user-friendly interfaces. Make sure it tracks vendor performance, handles contracts, and automates communication to give you complete transparency into the entire vendor lifecycle. Powerful reporting and analytics are also critical for making smart decisions and improving supplier relationships.

Small businesses need vendor management software to efficiently handle supplier relationships, reduce costs, and improve product quality. It helps small businesses save time by automating tasks, providing a database of local diverse vendors to choose from, and supplying all of the critical tools a small business needs to succeed.

Vendor management software for small business needs streamlines and simplifies the process of managing suppliers. It helps monitor vendor performance, manage risk, and ensure timely deliveries, allowing small businesses to optimize their operations and build better supplier relationships.

Yes, the software is customizable to meet the needs of your credit union. Various aspects, including dashboards, reports, and search filters, can be tailored to fit your specific requirements.

This software can benefit your credit union’s vendor relationships by improving transparency, ensuring compliance with regulatory standards, and reducing risks. It also enhances communication and collaboration, leading to more efficient and effective vendor management while saving time and money compared to manual processes.

Vendor management software for credit unions streamlines the process of managing and monitoring relationships with third-party vendors like IT providers and security personnel. It ensures regulatory compliance, mitigates risks, and enhances operational efficiency by centralizing vendor information and automating key tasks.

SupplierGATEWAY holds both SOC II Type 2 and ISO/IEC 27001 certifications, underscoring our commitment to rigorous data security for our clients. We take great pride in these certifications, which highlight our dedication to safeguarding client information. For further details on our security measures, please refer to our Global Data Processing Addendum.

SupplierGateway’s vendor management software helps banks protect sensitive client information with risk assessments, compliance reminders, and in-depth profiles for third-party vendors. Build strong vendor relationships through our platform’s seamless onboarding experience, communication tools, and virtual payments.

Vendor management software for banks streamlines the process of managing and evaluating third-party vendors like IT service providers, payment processors, and security firms. It helps banks ensure due diligence, reduce risks, and enhance operational efficiency. Vendor management software can also centralize vendor data, automate workflows, and provide analytics for better decision-making and regulatory reporting.

Through a supplier diversity portal, you can connect with a wide variety of certified diverse suppliers including minority-owned, woman-owned, and veteran-owned businesses. Additionally, the portal often supports businesses classified as small or disadvantaged enterprises. This ensures a broad range of diversity in the supply chain, promoting inclusive economic growth.

A supplier diversity portal typically offers features like supplier onboarding, certification verification, supplier risk assessments, and tracking of diversity metrics. It also includes tools for managing vendor relationships, generating reports on diversity spend, and providing resources for diverse suppliers to enhance their business capabilities.

A supplier diversity portal is an online platform that businesses use to manage and enhance their supplier diversity programs. It allows them to register, track, and engage with diverse suppliers, including small businesses owned by minorities, women, veterans, and national organizations representing underrepresented groups. This portal helps streamline procurement, ensure compliance, and promote inclusive business practices.

A MBE is a company-level diversity certification that can be issued by a third-party certifying organization or federal, state, or local governments. The application requirements will vary depending on the certificate issuer.

Becoming certified as a minority-owned business also places the organization in a searchable database maintained by the issuing organization, potentially increasing the MBE’s exposure to new buyers.

To be eligible for certification as an MBE, an organization must be at least 51% owned and controlled by a U.S. citizen. Depending on who is issuing the certificate, additional requirements may apply.

Third-party organizations like SupplierGateway and NMSDC usually issue certifications. Companies wishing to be certified must complete an application, pay a fee, and provide supporting documentation showing that a minority controls the business.

The main benefits of having an MBE/minority-owned business certification are being eligible for government funding/grants, gaining access to government contracts, and participating in corporate inclusive procurement initiatives.

Most corporate supplier diversity initiatives require a third-party supplier diversity certification to count any spending or activities done with a diverse business. Being certified as a MBE allows you to be counted, making you a more attractive company to do business with.

The main benefits of having a WBE/woman-owned business certification are being eligible for government funding/grants, gaining access to government contracts, and participating in corporate inclusive procurement initiatives.

Most corporate supplier diversity initiatives require a third-party supplier diversity certification to count any spending or activities done with a diverse business. Being certified as a WBE allows you to be counted, making you a more attractive company to do business with.

The chart below lists all current third-party certifiers, what they certify, how long certification takes, and the cost associated with certification.

For WBE certification, cost starts at $25 through SupplierGateway’s Enhanced Digital Certification, and goes up to $1250 for a larger woman-owned business to certify through WBENC.

A WBE is a company-level diversity certification that can be issued by a third-party certifying organization or federal, state, or local governments.  The application requirements will vary depending on the certificate issuer. Some governments, like the US Federal Government, require that a portion of their contracts be set aside for minority and women-owned businesses; becoming certified as a WBE allows the organization to bid on these opportunities.

Often, becoming certified also places the organization in a searchable database maintained by the issuing organization, potentially increasing the WBE’s exposure to new buyers.

To be eligible for certification as a WBE, an organization must be at least 51% owned and controlled by a female U.S. citizen. There may be additional requirements dependent on who is issuing the certificate; for example, some states do not require a woman-owned business to be a small business.

Third-party organizations like SupplierGateway, WBENC, or NAWBO usually issue certifications. Companies wishing to be certified must complete an application, pay a fee, and provide supporting documentation showing that a woman controls the business.

Normally it takes under 24 hours to start using SGPay. All you need to do is complete KYC (know your customer), and enter your banking information. Once this information is processed, you’ll be alerted that you can start paying with SGPay.

You receive your cash back 30 days after the end of the billing period with SGPay. This means additional cash liquidity for your business. Other virtual payments send cash back payments either quarterly or at the end of the year.

SGPay has no additional fees for those paying with SGPay. There’s also no additional fees for those receiving payment via SGPay outside of their normal fees charged by the payee’s credit card processor.

Virtual payments are a fast, secure, accurate way to pay your suppliers digitally. Virtual payments eliminate manual check-writing and supplier banking information disclosure that’s necessary for ACH payments. Virtual payments are issued in the form of a virtual card that is pre-loaded with a certain dollar amount that needs to be spent by a certain date. This preloaded amount combined with a predetermined expiry date enhances security and ensures only the approved amount is spent.

SupplierGateway’s database is used by top Fortune 500 companies like Nike and Microsoft, world-class hospitals and healthcare systems, higher-ed organizations, real estate developers, and various other industries. We have a large variety of buyers using our database regularly with the primary goal of doing more business with small and local suppliers.

Your listing is 100% free. We also offer a Premium listing, that helps your profile gain more visibility within our database.

A supplier sourcing database is a database used by buyers when they are looking for new products and services to purchase.

More commonly, a supplier database is a digital record of all vendors and suppliers a company purchases goods or services from.

While a profile in our database will expose your business to the globe’s leading companies, we don’t guarantee direct talks. The best way to get the most out of your listing is to complete your supplier profile in its entirety. This makes it a lot easier for buyers to make decisions about engaging with your business.

Enhanced Digital Certification is SupplierGATEWAY’s innovative certification that allows businesses of all sizes and configurations to have their business information verified by a third party. This business information includes diversity information, risk attributes, and other information. The purpose is to ensure buyers that your business information is as truthful and accurate as possible, and also to ensure any diversity/local/economic data is documented so it can be used when calculating different types of spend. If you’ve ever heard of a diverse supplier certification, Enhanced Digital Certification is the fastest and easiest way to get your business diversity certified.

Think of your supplier profile as a digital storefront that works for you even when you’re not working. Its a place for potential buyers to see what you offer, and learn more about your business. The more complete your supplier profile, the harder it works for you, so make sure to fill your profile in as completely as possible.

Supplier information should be the same across your entire organization, which is why our vendor onboarding portal integrates information across all of your current systems. From ERPs like Oracle, Workday, and SAP, to procurement and accounts payable systems, our API ensures uniformity in supplier information, no matter the department.

Our supplier onboarding portal can be customized to suit your organization’s needs and workflows. Create different experiences for different supplier types, and create custom automations to get the right information to the right person for faster approvals.

A customer vendor portal differs from a vendor portal in that a customer vendor portal is set up by a supplier organization to support its buyers/customers. These portals are often used for customer service, submitting invoices, and making the sales process easier for buyers.

Vendor portal software allows your organization to interact with current and prospective vendors and suppliers online. It also allows suppliers to onboard faster and manage their own information on-demand. This helps ensure that your organization’s supplier information is as up-to-date as possible.

Yes, our platform integrates with all of your current systems through API.

Absolutely. Our supplier onboarding software seamlessly integrates with your organization’s systems via API, guaranteeing supplier information is accurate across your entire organization.

SupplierGATEWAY is SOC II Type 2 Certified as well as ISO/IEC 27001 certified. We are proud to hold these certifications that show just how seriously we take our clients’ data security. If you want to know more about our data handling, please see our Global Data Processing Addendum here.

The onboarding process for suppliers may vary slightly from vendor to vendor, but generally speaking, the supplier onboarding process consists of the following steps:

1. Collect supplier information like business details, product catalogs, pricing, compliance documents and any other important information your business requires.
2. Once information is collected, a risk and compliance assessment is done to ensure that a potential supplier poses the lowest amount of risk to your business.
3. Train and educate suppliers about your company’s internal processes, workflows, and tools regarding purchase orders, invoicing and payments, and more.

Supplier onboarding software helps your organization digitally collect information about potential suppliers, evaluate the information, and evaluate risk and compliance in regards to a supplier. Supplier onboarding software like SupplierGATEWAY’s Onboarding and Offboarding platform integrates with your company’s other systems, allowing supplier information collected during onboarding to be accessible across your entire organization.

None of our platforms require a special IT project or build. Our services are cloud-based and ready to launch when you are. No need for getting additional budget approvals for IT projects. 

All of our platforms integrate with your current ERP/AP systems via our API, making sharing supplier information across your organization quick and easy.

A vendor self-service portal, also known as a supplier self-service portal, is an online platform used by businesses to capture supplier information that is necessary in order to do business with that supplier. 

Traditionally, supplier information is gathered manually (either by searching online for information or piecing information together via emails and phone calls) and stored in spreadsheets. A supplier self-service portal allows vendors to enter their own information at their convenience. That supplier information can then be shared company-wide and used by AP and other departments.

According to Gartner, vendor master data management is “a technology-enabled discipline in which business and IT work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise’s official shared master data assets.”

In layman’s terms, vendor master data management is a way for multiple teams throughout an organization to keep important supplier information organized, correct, and consistent.

Supplier master data management is a system that centralizes supplier data and ensures that the data is accurate and uniform across your organization. Supplier master data management also encourages transparency which often results in cost-savings and potential revenue-generation opportunities for your organization.