Go to the “Workflow” section of your Workspace Settings. Create a new Workflow called “Vendor Lifecycle Management.”

Choose that the workflow is for Objects, and confirm.

Create the following Stages in the Workflow Editor: To Be Onboarded, Onboarding in Process, Onboarding On Hold, To Be Approved, Approved, To Be Terminated, Terminated.

Create an Approval between Stages “To Be Approved” and “Approved” and Publish the Workflow.

Go back to the Objects Section, Click Edit for the “Vendors” Object, activate Workflow for the Object

Assign the newly created Vendor Lifecycle Management Workflow to the Object and Confirm.

Click “Create.” Insert the property name “Vendor’s Documents,” then choose “Document Record: Multiple items” in the Property Type dropdown.

Tick “Show in the Management area.” Confirm by clicking on “Create.”

Click “Create.” Insert the property name “Service Delivery.” Choose Single Choice Select in the Property Type dropdown and add the following options: Reliable Vendor, Occasional Delays, and Unreliable Vendor.

Check “Show in the Management area.” Confirm by clicking on “Create and add another.”

Click “Create.” Insert the property name “Recent Assessment,” choose Single Date in the Property Type dropdown, and tick “Show in the Management area.”

Confirm by clicking on “Create and add another.“

Click “Create.” Insert name “Vendor Assessment,” select Multiple Checkboxes in the Property Type dropdown

Add the following options: Data privacy, Digital security, Business continuity, Regulatory compliance, Physical security, Financial stability, and  Supply Chain Operations.

Check “Shown in the Management area.” Confirm by clicking on “Create.”