MeRLIN’s Vendor Audit Tool transforms procurement audits by digitizing supplier compliance checks. Plan and schedule audits, verify certifications, assess financial & ESG risks, review contract terms, and track performance via the MeRLIN portal. Automated alerts and full audit trails ensure transparency and regulatory adherence.
Define annual or periodic audit plans. Create, edit, reschedule or cancel audit programs, schedule recurring audits, assign auditors, and track audit calendars.
Automatically track all user actions, changes, and timestamps for complete traceability. Assign responsibilities, set due dates, and monitor closure of audit findings through mobile notifications.
Get visibility into audit coverage and visualize audits through a unified, calendar-style view to track the status of every audit from planning to completion.
Discover MeRLIN’s Vendor Audit Tool - An end-to-end procurement audit management solution. Automate audit planning, scheduling, and team assignments. Securely gather certifications, documents, and data from suppliers. Risk dashboards fuse internal metrics, 3rd-party intel & KPIs to prioritize audits. Validate contract execution and compliance against milestones. Get proactive notifications for expirations & risks.
Respond easily through desktop by adding, editing, rescheduling, or cancelling audits directly from the dashboard using audit templates.
MeRLIN ensures complete transparency and accountability across procurement audits through secure, immutable audit trails. Every user action from data entry and evidence upload to issue resolution and approval is automatically logged with timestamps and user credentials.
Set recurring audits to maintain consistent compliance cycles. Stay informed even when offline with email reminders sent to auditors who log in infrequently.
Invite unapproved and approved suppliers for in-person audits and submit them for approval after successful evaluation. Get real-time notifications when invited suppliers submit registration forms.
Evaluate supplier performance and risk exposure. Strengthen supplier evaluation workflows with connected compliance and risk management automation. Trigger automatic risk creation when a supplier is marked non-compliant post-audit.
Leverage audit insights to uncover process bottlenecks, recurring non-conformances, and control inefficiencies. MeRLIN helps procurement teams improve workflow speed, compliance consistency, and operational performance across the audit cycle.
Uncover the role of data engineering in sourcing analytics, overcome data challenges and explore the need for a unified sourcing solution.
Leverage analytics to maximize procurement efficiency and unlock untapped opportunities with key insights on spend, suppliers and categories.
Simplify strategic sourcing complexities and make smarter purchase decisions through value optimization in procurement functions.
Uncover meaningful insights from your sourcing data and trends that translates to new opportunities for savings and growth.
Vetri celebrated three years as CEO of MeRLIN Sourcing in June 2023. His vision spearheaded the transformation of the company internally through modernization and HR transformation and externally with the promise of delivering value to customers and putting them at the heart of the MeRLIN Sourcing business and product development strategy.
Vetri built his career in global software businesses over the last decades. Seasoned professional with a global perspective, spanning the Americas, Europe, and Asia, and a diverse industry background across EPC, Defense, manufacturing, automotive, and life sciences industries.
A firm believer in the principles of doing well by doing good, he won his two awards as the IT Executive of 2014-2015 and 2016-2017 in Europe. He is a highly regarded global thought leader in the IT and cloud software industries and is an active investor/advisor for emerging companies. He is known as a leader who builds and motivates world class teams, champions diversity, and exudes a deep passion for how technology can transform the workplace and empower individuals.
Dr. Werner Breuers completed his studies in chemistry at the RWTH Aachen University with a doctorate. He began his professional career in 1989 as a chemist at Hoechst AG in Frankfurt in the research and development department.
After managerial positions at Hoechst AG, Dr. Breuers took over management of the license and catalyst business at the polyethylene manufacturer Elenac GmbH in Kehl in 1999, which became part of the Basell group a year later. As a member of Basell’s Executive management team, he headed the global Technology Business division based in Milan and most recently served as President of Basell Polyolefins Europe based in Amsterdam.
Dr. Breuers has also been a member of the Board of Management of LANXESS AG since May 14, 2007 and was responsible for the Performance Polymers and Advanced Intermediates business units. His responsibilities and strategic operations also include the functional areas of Global Procurement & Logistics, Innovation & Technology and Industrial & Environmental Affairs. He has been board of several other companies and has also served as trustee of RWTH Aachen University and currently advising and supportinfg the growth of MeRLIN Sourcing in Europe.
Oliver Scheffert is an experienced entrepreneur with a successful completed doctoral program in business administration and a master’s degree in International Business Studies. He held management positions at Microsoft for nearly 13 years, receiving prestigious awards for exceptional leadership and results like the Circle of Excellence Platinum Award. Notably, Oliver led the ISV business unit in Germany to a billion-dollar revenue stream.
He later served as the General Manager/Managing Director at Aparavi Software Europe GmbH and recently founded CNSLT Partners GmbH, a strategy and management consultancy, leveraging his extensive specialist knowledge to help IT companies achieve lasting success.
