What is Bank Account Verification and Why Should I Care?
Picture this: You’ve just approved a $150,000 payment to what you thought was a long-time vendor. You sip your coffee, breathe a sigh of relief, and go on with your…
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Why Vendor Risk Management for Government Agencies is Critical in 2025
Government agencies are more dependent than ever on third-party vendors. Whether it’s IT infrastructure, public works, or defense contracts, vendors play a critical role in keeping government operations running. But…
Nacha’s Upcoming Rule Change: What You Need to Know
If you’re in charge of vendor payments, treasury, or compliance, you’ve probably heard the buzz: Nacha is rolling out significant updates to the ACH Operating Rules, with full compliance expected…
Making “Business Identity Verified” the Standard
Vendor fraud is on the rise—getting business identity verified can stop it. You’ve got procurement platforms, ERP systems, disbursement tools, and probably a cyber insurance policy too. So why does…
The Hidden Costs of Manual Vendor Onboarding in Higher Education
Vendor relationships are the unsung heroes keeping institutions running smoothly, but what are the costs of manual vendor onboarding in higher education? Vendors play a pivotal role, whether they’re supplying…
The Critical Components of Vendor Compliance for Universities
Managing vendor compliance in higher education has never been more complicated—or more important. Universities juggle hundreds, sometimes thousands, of vendors, from small local suppliers to massive global corporations. Each vendor…
Vendor Validation Quick Hit Checklist
Vendor validation—when done correctly—is an excellent frontline defense against payment fraud, identity spoofing, and internal control breakdowns. With billions of dollars lost each year to fraudulent vendor activity, the stakes…
The Role of Government Vendor Management Platforms in Protecting Taxpayer Dollars
Managing public funds comes with an enormous responsibility. Every dollar spent—whether it’s on infrastructure projects, higher education, public safety, or social services—ultimately belongs to taxpayers. That means every purchase, every…
5 Higher Education Vendor Compliance Risks to Address in 2025
Universities rely on a vast network of vendors to keep operations running—from IT and construction to catering and research partnerships. But these relationships come with significant compliance risks. Fraud threats,…
Top 5 Challenges in Vendor Onboarding for Government—and How to Solve Them
If vendor onboarding were a reality show, government agencies would have the toughest gig: high stakes, constant scrutiny, and no room for error. From navigating complex compliance rules to avoiding…