Supplier resource center

Wells Fargo uses SAP Ariba (also referred to as “Ariba” or “Ariba network”) as its source-to-pay system to allow for easier collaboration with suppliers within one system. Benefits include:

• Ability of suppliers to maintain their own information and update us systematically when information changes.
• Simplified order processing.
• Easy catalog creation and storage.
• Increased efficiencies through automation and touchless invoicing.
• Ability to track invoice status and where it is in the payment process.
• Faster payments.

Purpose

We provide companies with the necessary information to become an active or prospective supplier. This information includes:

• Support for Ariba-related supplier onboarding.
• Resources for existing supplier maintenance.
• Procurement terms and conditions, contact information, and tips.
• Important accounts payable links and FAQs.
• Ability to submit information on becoming a prospective supplier.

Definitions of supplier type

• Onboarding supplier (by invitation only): Actively going through a sourcing/contracting engagement and is not yet transacting with Wells Fargo in the Ariba network.  
• Existing supplier: Currently holds a contract and/or is transacting with Wells Fargo.
  • Procurement supplier receives purchase orders with detailed information on acquiring goods/services
  • Accounts payable (AP) supplier sends invoices and receives payments for goods/services
• Prospective supplier: Currently not doing business with Wells Fargo.

An onboarding supplier (by invitation only) is actively going through a sourcing/contracting engagement and is not transacting with Wells Fargo in the Ariba network.  

Requirements to transact with Wells Fargo on the Ariba network:

1. Receive an invitation from Wells Fargo
2. Create or sign into your SAP Ariba network account
3. Complete registration and finance questionnaires
4. Accept Trading Relationship Request
5. Establish purchase order (PO) and invoice routing notifications
6. Establish catalog/integrations (only for applicable suppliers)

Frequently asked questions

An existing supplier currently holds a contract and/or is transacting with Wells Fargo.

In Ariba, you can:

• Receive purchase orders (POs).
• Submit your invoices against POs.
• Revise invoices.
• Track invoice status.

Updating your company’s name, address, contact information, banking information, tax ID, or other information

Suppliers who are registered with us must update their information on Ariba:

1. Sign in to Ariba and select Business Network, then Ariba Proposals & Questionnaires.
2. Choose the appropriate questionnaire 
3. Select “Revise Response” and make the change(s)
4. Select “Submit Entire Response”. We will review and approve the change or return the questionnaire via Ariba for further clarification

Suppliers who are not currently registered with us on Ariba:

1. Reach out to the Wells Fargo contact who is purchasing your goods or services. Alternately, you can email SupplierEnablement@wellsfargo.com
2. Specify the type(s) of change(s)
3. Provide supporting documentation
4. Ensure any company name change matches the W-9 and invoice. Remittance address changes must agree with the sample invoice

Procurement

Suppliers receive purchase orders (PO) with detailed information on acquiring goods and services.

Frequently asked questions about procurement:

Accounts Payable (AP)

The AP department is responsible for processing supplier invoices for goods received and/or services rendered.

For any questions regarding the status of an invoice, payment status, or any other questions pertaining to AP, please reach out to your line of business contact.

Frequently asked questions about AP:

Become a supplier

Thank you for your interest in doing business with Wells Fargo. To be considered as a potential supplier, please complete an online supplier profile.

We will review your supplier profile for future sourcing/bid selection processes for various products and services.

Submit a supplier profile

Supplier profiles are periodically reviewed to establish initial eligibility and invite potential suppliers to participate in future sourcing/bid selection processes for various products and services. Review the following required information to complete and submit your online supplier profile.

1. General information – supplier data, corporate headquarters, contact information
2. Company and commodities information – company and commodity information, company description, list of facilities, annual sales, UNSPSC, NAICS, commodity codes
3. Business experience/references – company experience, current clients, banking references
4. Extended company profile – additional certifications and documents

Completing and submitting a supplier profile

A complete supplier profile doesn’t guarantee that your company will receive a request to participate in a sourcing/bid selection process with Wells Fargo and doesn’t imply that your company has any type of preferred supplier relationship with us, either now or in the future.

Competitive sourcing and procurement

Wells Fargo’s Supply Chain Management is responsible for ensuring that we source and procure products and services from quality suppliers who can meet our needs related to cost, quality, delivery, innovation, and business strategy. It is important to us that all our agreements are competitively sourced and beneficial for all concerned parties.

We evaluate a broad range of criteria to identify and source our suppliers, which typically include the following:

1. Supplier capabilities, past performance, management, and expertise
2. Quality standards
3. Competitive pricing
4. Delivery schedules
5. Technology capabilities and infrastructure
6. Financial stability and tax status
7. Insurance requirements
8. Region of operations (scale)