Deals & Procurement

Procurement Hub

Live

Onboard vendors with automatic risk-tiering and a compliance checklist that routes for approval and tracks every vendor end to end.

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What you get

✓Deterministic Tier 1/2/3 inference from jurisdiction, spend, and category (data, hosting, payments → higher risk)
✓Auto-checklist per tier: KYC (PAN/GSTIN/CIN), DPDP data-processor agreement, GST verification, sanctions screening, ISO 27001 / SOC 2, security questionnaire, anti-bribery, insurance, financial health
✓Vendor lifecycle: prospect → in-review → approved → active → on-hold / rejected / offboarded
✓Approval routing — CISO for Tier 1, Finance above the spend threshold

+4 more capabilities below

Overview

What it is.

Procurement Hub turns vendor onboarding into a governed workflow. Enter a vendor's name, category, jurisdiction, and spend, and LexVio infers a risk tier on the spot — foreign jurisdiction, large spend, or data/hosting/payments exposure push a vendor to Tier 1 — then generates the compliance checklist that tier demands.

From there the vendor moves through a tracked lifecycle, with approval routing to the right reviewers (CISO for Tier 1, Finance above a spend threshold), per-check status, evidence capture, and links to the contracts the vendor is party to.

How it works

Three steps.
End to end.

1. Add the vendor

Name, category, jurisdiction, and spend estimate — LexVio predicts the risk tier as you type.

2. Auto-checklist + routing

A tier-appropriate compliance checklist is generated and routed to the right approvers; the vendor enters review.

3. Track to active

Reviewers mark each check passed, failed, or waived; the vendor transitions to active and links to its contracts.

Capabilities

What you get.

✓Deterministic Tier 1/2/3 inference from jurisdiction, spend, and category (data, hosting, payments → higher risk)
✓Auto-checklist per tier: KYC (PAN/GSTIN/CIN), DPDP data-processor agreement, GST verification, sanctions screening, ISO 27001 / SOC 2, security questionnaire, anti-bribery, insurance, financial health
✓Vendor lifecycle: prospect → in-review → approved → active → on-hold / rejected / offboarded
✓Approval routing — CISO for Tier 1, Finance above the spend threshold
✓Per-check status (pending / passed / failed / waived / N-A) with severity, due date, evidence, and checked-by
✓Links vendors to existing contracts with a role and note, and tracks the contract count
✓KPI dashboard: total vendors, Tier-1 exposure, in-review, pending checks, active, and blocked
✓Filter by status, risk tier, or category and search by name

FAQ

Quick answers.

Does it score vendor risk automatically?

It infers a risk tier deterministically from jurisdiction, spend, and category, and drives the checklist from that. It is not a black-box risk score — the tier and its required checks are explainable.

Who has to approve a vendor?

Routing depends on the tier and spend — Tier 1 vendors route to your CISO and spend above the threshold routes to Finance, so high-risk relationships can't go active without the right sign-off.