Designed to Help You Achieve Your Ideal State in Vendor Management
In today’s digital-first economy, managing vendor data isn’t just about streamlining operations—it’s about safeguarding your organization against fraud, regulatory penalties, and reputational damage. The stakes have never been higher.
Last week’s virtual event brought together industry experts from PaymentWorks (me!) and Nacha Consulting (Mark Dixon) to unpack the implications of Nacha’s sweeping new ACH Operating Rules, which will come…
Supplier management used to be about one thing: compliance. Were the right forms collected? Were the tax IDs correct? Did the onboarding box get checked?
Few modern businesses could exist without third-party vendors. From contractors and consultants to tech providers and facilities partners, organizations rely on a vast and growing network of outside entities to…
Waltham, MA and Reston, VA – July 8, 2025 — PaymentWorks, the only digital supplier onboarding platform that indemnifies vendor payments and optimizes for preferred payment types, today announced it…
In 2025, vendor risk management (VRM) is no longer a back-office checkbox. It’s mission-critical. Why? Because the risks tied to third-party vendors—fraud, compliance failures, and reputational fallout—are more complex and…
Your CFO walks in holding a printout of a $98,000 wire transfer. The problem? The payment didn’t go to a vendor—it went to a fraudster impersonating one. And the worst…
If you want to make someone in finance visibly twitch, just whisper this phrase: “Vendor info spreadsheet.”
Fraud isn’t what it used to be, and the best ways to prevent payments fraud have changed. Once upon a time, it came in the form of sketchy invoices, shady…
Does this vendor information debacle sound familiar: it’s Q1, you’re trying to close out last year’s books, but your AP team just flagged five different records for what turns out…
