What Is Business Identity? Why It Matters, and How to Get It Right
If you work in procurement, finance, or accounts payable, you have probably asked yourself: Who exactly are we paying? That question is at the heart of business identity.
Vendor Verification
Know Before You Pay
Authenticating who vendors are before data hits your ERP isn't optional—it's the whole game.
Why Supplier Verification Is the First Line of Defense Against Risk
Does the phrase “supplier verification” raise your blood pressure just a little bit? If you’re responsible for paying vendors or protecting your company from fraud, chances are, it does.
Vendor Onboarding Software: How to Find the Best Platform
Vendor Onboarding Software: How to Find the Best Platform
How Poor Supplier Data Management Undermines Strategic Decision-Making
It’s time to retire the outdated notion that supplier data management is just “admin work.”
The Hidden Costs of Not Having a Vendor Information Portal
If you want to make someone in finance visibly twitch, just whisper this phrase: “Vendor info spreadsheet.”
Six Vendor Management Best Practices for Strategic Value Creation
As we are well into the 21st century, it should come as no surprise that following vendor management best practices means evolving beyond administrative duties to encompass more strategic, analytical…
Your Account Validation is Flawed. Here’s Why.
Let’s talk about a quiet troublemaker in your vendor onboarding process: account validation.
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…
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…