Buying companies establish a list of business classifications they want to use to classify their supply base. In some regions, these classifications are required by government regulations.

You can claim classifications that are appropriate to your business and add any required classification details. Buyers can then audit your qualifications. Once you claim the appropriate classifications, buyer administrators are notified so they can review the details.

Designated supplier users will be notified when the re-certification date for supplier's business classification is due. This is for the re-certification of the business classification and is based on the Business Classification Re-Certification Notification Reminder Days profile option set by the system administrator.

To claim / re-certify business classifications:

1. On the Admin information page, click Business Classifications.

2. On the Business Classifications page, check Applicable check box for all classifications that apply to your company.

3. Select the "I certify, that I have reviewed the classification below and they are current and accurate" check box.

   Note: Even if this check box is not selected the business classification is recertified when you click Save.

4. Complete the remaining fields.

5. Click Save. The Business Classification is updated.