The Nacha Deadline Is Here. Now the Real Work Begins
Today, June 22, 2026, the second phase of Nacha's ACH rule change takes effect. Every non-consumer ACH originator is now required to verify supplier bank account ownership before sending payments…
Vendor Verification
Know Before You Pay
Authenticating who vendors are before data hits your ERP isn't optional—it's the whole game.
Vendor Identity vs. Vendor Validation: What’s the Difference?
Most organizations believe they understand vendor validation. Ask an accounts payable team how they confirm a supplier’s legitimacy, and they will likely describe a familiar process: check the tax ID,…
Accounts Payable Process Transformation Starts Before the First Invoice
When organizations discuss accounts payable process transformation, the conversation usually starts in the wrong place. Most teams focus on invoice automation, payment workflows, or approval routing. Those areas certainly matter.…
How to Choose the Right Bank Account Verification Tool
Digital payments keep getting faster, and vendor ecosystems grow more complex each year. As a result, organizations face a simple but critical question: how do you confirm that a bank…
What Is Bank Account Ownership Verification — And When It’s Too Late
Every organization that pays vendors electronically eventually faces the same question:is our bank account ownership verification process good enough to truly confirm that the bank account receiving a payment actually…
Why Validating Bank Accounts Is Now a Board-Level Issue
Not long ago, validating bank accounts was viewed as a back-office control. Important? Yes. Strategic? Not really.
Fraud Mitigation: Why Vendor Identity Is Your First Line of Defense
In 2026, the conversation around fraud mitigation has fundamentally changed. What was once treated as a downstream compliance exercise is now a board-level priority. Cybercriminals have become more sophisticated, global…
The Future of the Vendor ID: From Manual Recordkeeping to Automated Identity Validation
The vendor ID has always existed quietly in the background. It’s a number generated by an ERP or accounting system, used to distinguish one vendor record from another. It helps…
Choosing the Right Vendor Identification Software: The Requirements AP Leaders Can’t Afford to Ignore
Vendor identification software has become a surprisingly loaded term. Depending on who you ask, it might describe a vendor portal, a configurable form, an ERP add-on, a compliance tool, or…
The Vendor Identification Number Isn’t Enough: Why B2B Payments Require Verified Vendor Identities
Many organizations rely on a “vendor identification number” or similar to manage supplier relationships and issue payments. Whether an ERP, accounting system, or internal database generates it, this identifier serves…