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    Suppliers partnership

    Partnering with us through our supply chain transformation

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We’re transforming our supply chain to build stronger and more strategic partnerships that power growth. This includes process re-engineering, technology simplification, and operating model changes to make it easier and more efficient for you to partner with us.

Together, we look forward to deepening our partnership and lifting your supply chain experience.

How we’re improving our supply chain and what you need to know

Our transformation is underpinned by two major technology programmes. These will enhance our procurement and third party risk management processes and the associated partner experience. By leveraging industry-leading, cloud-based platforms and SAP Business Network, we are enhancing transparency, improving efficiency, and uplifting your experience across our global supply chain.

Stay connected

Contact your Standard Chartered representative if you have any questions or concerns. Bookmark this page for ongoing updates to help make your transition experience smooth, simple and supported.

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Procure to Pay Transformation with SAP Ariba

We are lifting the procurement experience and how we manage orders, invoicing and payments via a paperless operational model enabled by SAP Ariba.​

What you need to know as a supplier

All suppliers are strongly recommended to register on the SAP Business Network to ensure seamless collaboration and streamlined processes. Those who do not onboard may continue to transact through existing channels but may experience limited access to certain efficiencies and capabilities available on the network.

Suppliers will be required to participate in future e-auctions via the SAP Business Network, preferably as registered users or through a basic supplier guest account.

Important information for Singapore-based suppliers

Singapore will transition procurement activities to SAP Ariba later in the year, marking an important milestone for the Bank in modernising our procurement function and strengthening integration with our suppliers.

If you are a Singapore-based supplier, you will receive a communication with important details prior to the transition, meanwhile you can refer to these frequently asked questions (FAQs) in case you have any queries.

Please note: The upcoming transition impacts Singapore suppliers only. There are no changes to suppliers in other markets until further notice. Kenya is already live on SAP Ariba.

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Elevating Third Party Risk Management (TPRM) with OneTPRM

We are transforming our Third Party Risk Management (TPRM) experience to create a simpler, more efficient and transparent journey for our partners. Through OneTPRM, partners will benefit from reduced duplication, clearer communications, improved visibility of progress, and a more streamlined experience when working with Standard Chartered.

Strategic State TPRM Benefits – what our partners can expect:

  • Seamless onboarding including a reduction in duplicative information requests
  • Clearer & more timely communications across the TPRM process
  • Enhanced transparency into arrangement status and next steps
  • A simpler & more streamlined experience when partnering with Standard Chartered

We will continue to keep you informed as our TPRM transformation progresses, including any changes that may impact onboarding, due diligence, and ongoing TPRM activities.

As part of this transformation, Standard Chartered has joined the Financial Services Qualification System (FSQS) community in APAC and UK. FSQS is operated by Hellios, a specialist TPRM information management services used by Financial Services institutions globally.

Partners of Standard Chartered may be contacted directly by Hellios regarding FSQS registration or qualification. Emails relating to Standard Chartered’s use of FSQS will be sent from fsqs-apac@hellios.info (APAC) or fsqs@hellios.com (UK).

For an overview of FSQS and what it may mean for you as our partner, please refer to the FSQS brochure.

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