Supplier Relationship Management (SRM) platforms centralize supplier data, automate vendor onboarding and qualification workflows, and provide ongoing performance and compliance monitoring across the supplier base. Core capabilities include supplier master data management, onboarding and qualification workflows (document collection, compliance verification), performance scorecards and review cycles, segmentation and tiering, diversity tracking, contract linkage, and integration with procurement, ERP, and AP systems. The category spans dedicated SRM platforms (HICX, Ivalua SRM, Tealbook) and supplier management modules within broader S2P suites (Coupa, SAP Ariba, Jaggaer).