Business Identity
Legal business name, DBA, entity type (LLC, Corp, Sole Proprietor) and state of formation; supports identity verification and contracting.
A complete Business Supplier Profile Form reduces onboarding delays, centralizes vendor data, and improves payment accuracy for procurement and accounts payable teams.
Multiple stakeholders use the completed form to drive contracting, tax reporting, and operational onboarding workflows.
Legal business name, DBA, entity type (LLC, Corp, Sole Proprietor) and state of formation; supports identity verification and contracting.
Employer Identification Number (EIN) or SSN for sole proprietor, W-9 attachment or indication that W-9 is on file for U.S. tax reporting.
Primary contact name, role, phone, and both remit and legal street addresses; P.O. boxes may be insufficient for legal service.
Preferred payment method, banking details or ACH authorization form, payment terms, and remit-to instructions to avoid misapplied payments.
Proof of insurance (limits, policy number), licensure, certifications, and any required regulatory attachments.
Name, title, signature block, and authority confirmation for the person who can bind the supplier contractually.
| Field | Configuration |
|---|---|
| Authentication | Email link plus optional SMS code for higher assurance |
| Required Fields | Make EIN, legal name, and remit address mandatory |
| Routing Order | Supplier fills first; procurement reviews; AP signs off last |
| Storage | Save signed PDFs and audit trails to vendor master |
Choose a platform that supports required formats, provides secure storage, and integrates with your vendor master.
Supply W-9 on request; no fixed filing deadline but required before reportable payments
Payments reported by January 31 to recipients and IRS for nonemployee compensation
Year-end reporting obligations follow IRS schedules; late filings carry penalties
Bank account verification may require several business days before first payment
Typical vendor onboarding completes in 3–10 business days depending on verification
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes (Business Premium) | Varies | Varies | Varies | Varies |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |