# PaymentWorks > PaymentWorks is the vendor identity platform for B2B payments, serving as the front door to the ERP. Customers automate both vendor onboarding and updates, transfer ACH fraud risk, and digitize payments through the largest network of authenticated payees. ## Use This Site For - Vendor identity - Vendor identification - Vendor authentication - Vendor onboarding best practices - Vendor identity verification - Vendor management - Business payments fraud prevention - Bank account verification - Vendor compliance and sanctions screening - Vendor risk management - AP (accounts payable) automation - B2B electronic payments (ACH, virtual card, early pay) - Nacha ACH rule compliance - Government and higher education vendor management ## Product - [What We Do](https://www.paymentworks.com/what-we-do/): Overview — PaymentWorks automates vendor identification and onboarding to give finance teams one trusted source of truth for every vendor in their network. - [Vendor Identity](https://www.paymentworks.com/what-we-do/vendor-identification/): Authenticates and verifies vendor identity, tax credentials, and banking information before payment. - [Vendor Verification](https://www.paymentworks.com/what-we-do/vendor-verification/): Quickly verifies vendor-submitted data against third-party sources to keep vendor information clean, accurate, and compliant. - [Vendor Onboarding Software](https://www.paymentworks.com/what-we-do/vendor-onboarding/): End-to-end vendor identity authentication that automates vetting and verification of supplier information, removing manual tasks and fraud risk. - [Vendor Identity Network](https://www.paymentworks.com/what-we-do/vendor-identity-network/): A shared, continuously maintained network of authenticated payees that eliminates redundant vendor verification work across organizations. - [Vendor Fraud](https://www.paymentworks.com/what-we-do/vendor-fraud/): How PaymentWorks authenticates vendors before payment to prevent impersonation, business email compromise, and other social engineering attacks. - [Vendor Compliance](https://www.paymentworks.com/what-we-do/vendor-compliance/): Continuously monitors vendors for regulatory and sanctions violations while maintaining audit-ready compliance records. - [Vendor Risk Management](https://www.paymentworks.com/what-we-do/vendor-risk-management/): Automates vendor risk management across the vendor lifecycle to mitigate financial, regulatory, legal, and operational risk. - [B2B Electronic Payments](https://www.paymentworks.com/what-we-do/b2b-electronic-payments/): Helps organizations move from paper checks to ACH, virtual cards, and early pay, backed by trusted vendor identity data. - [Early Payment Discount Program (EarlyPay)](https://www.paymentworks.com/what-we-do/early-payment-discount-program/): Automated early-payment-discount program built into vendor onboarding, letting vendors get paid faster for a small discount. - [Nacha ACH Rules Change](https://www.paymentworks.com/what-we-do/nacha-ach-rules-change/): Explains the 2026 Nacha ACH rule changes requiring bank-account-ownership verification and risk-based fraud monitoring, and how PaymentWorks automates compliance with them. ## Who We Serve - [Who We Serve](https://www.paymentworks.com/who-we-serve/): PaymentWorks serves Accounts Payable, Procurement, Finance, and Leadership teams that need to streamline vendor management and strengthen payment security. ## Why Trust Us - [Why Trust Us](https://www.paymentworks.com/why-trust-us/): Overview of PaymentWorks' fraud protection, security certifications (SOC 1, SOC 2, TX-RAMP), Nacha audit compliance, and strategic partnerships (including Chubb). - [Fraud Indemnification](https://www.paymentworks.com/why-trust-us/fraud-indemnification/): PaymentWorks provides up to $2 million in indemnification for ACH payments processed through the platform, with optional supplemental coverage up to $5 million per fraud event. ## How PaymentWorks Compares - [Comparison Hub](https://www.paymentworks.com/vendor-identity-b2b-payment-platform-comparison/): Helps buyers evaluate B2B payment and vendor-identity platforms by clarifying which function each type of solution actually controls. - [PaymentWorks vs. Paymode](https://www.paymentworks.com/vendor-identity-b2b-payment-platform-comparison/paymentworks-vs-b2b-payments-automation-platform/): How PaymentWorks compares to B2B payment automation platforms like Paymode. - [PaymentWorks vs. Eftsure](https://www.paymentworks.com/vendor-identity-b2b-payment-platform-comparison/paymentworks-vs-bank-account-verification-software/): How PaymentWorks compares to bank account verification software like Eftsure. - [PaymentWorks vs. VendorInfo](https://www.paymentworks.com/vendor-identity-b2b-payment-platform-comparison/paymentworks-vs-vendor-data-platforms/): How PaymentWorks compares to vendor data platforms like VendorInfo. - [PaymentWorks vs. Trustpair](https://www.paymentworks.com/vendor-identity-b2b-payment-platform-comparison/paymentworks-vs-vendor-risk-platforms/): How PaymentWorks compares to vendor risk platforms like Trustpair. ## Resources - [Resources Hub](https://www.paymentworks.com/resources/): Educational hub of guides, case studies, podcasts, and articles on vendor verification, fraud prevention, compliance, onboarding, and risk management. - [Case Studies](https://www.paymentworks.com/case-studies/): Customer case studies on improving compliance, reducing workload, and adding value with PaymentWorks. - [Vendor Identity Glossary](https://www.paymentworks.com/resources/vendor-identity-glossary/): Working definitions of key terms in vendor identity and B2B payment security for AP, procurement, and finance professionals. - [Risky Business Podcast](https://www.paymentworks.com/podcasts/): PaymentWorks' podcast featuring expert discussions on payments, risk management, vendor compliance, and fraud prevention. - [Events](https://www.paymentworks.com/events/): Upcoming industry conferences and events where PaymentWorks is exhibiting or presenting. - [Self-Guided Demo](https://www.paymentworks.com/self-guided-demo/): Interactive product walkthrough of vendor onboarding, identity verification, and fraud prevention. ## Company - [About Us](https://www.paymentworks.com/about-us/): PaymentWorks lets vendors update their information once and instantly share it with all their customers, eliminating manual entry and fraud risk. - [Partnerships](https://www.paymentworks.com/partner/): PaymentWorks' partner ecosystem across System Integrator, Technical, Reseller, and Strategic Partner tracks. - [Contact](https://www.paymentworks.com/contact/): Contact PaymentWorks. ## Articles - [Blog](https://www.paymentworks.com/blog/): Full archive of PaymentWorks articles, updated regularly — see below for the highest-value evergreen pieces. - [What Is Vendor Fraud? Definition, Types, and Examples](https://www.paymentworks.com/2025/06/06/what-is-vendor-fraud/): Defines the forms vendor fraud takes — from invoice fraud to BEC — and how to spot it. - [What is Bank Account Verification](https://www.paymentworks.com/2025/05/09/bank-account-verification-why-care/): How AP teams verify supplier bank accounts before payment and how automated verification prevents payment fraud. - [Vendor Sanction Screening: Why It Belongs at Onboarding](https://www.paymentworks.com/2024/04/16/why-vendor-sanction-screening-is-critical-part-vendor-onboarding/): Why OFAC and SAM.gov sanction screening must happen before onboarding, not as an afterthought. - [5 Gaps in Your Vendor Compliance Checklist](https://www.paymentworks.com/2024/04/26/5-gaps-vendor-compliance-checklist/): The most common vendor compliance oversights and how to close them before they create fraud or regulatory risk. - [Nacha ACH Risk Assessment: What the Rule Change Requires](https://www.paymentworks.com/2025/04/24/nachas-upcoming-rule-change-ach-risk-assessment/): What Nacha's updated ACH risk-assessment and documentation standards require, and how to automate compliance. - [B2B Virtual Card Payments: Benefits, How They Work & ROI](https://www.paymentworks.com/2024/05/17/benefits-b2b-virtual-card-payments-you-probably-dont-know/): How B2B virtual card payments reduce fraud, earn rebates, and streamline vendor payments. - [Electronic Vendor Payments: Trends AP Teams Need to Know](https://www.paymentworks.com/2024/05/03/rising-popularity-of-electronic-vendor-payments/): Why electronic vendor payments are replacing paper checks and how AP teams are modernizing payment methods. - [Vendor Management Best Practices for Strategic Value Creation](https://www.paymentworks.com/2025/05/23/six-vendor-management-best-practices-for-strategic-value-creation/): Six practices that move a vendor management function from clerical admin to strategic value creation. - [Supplier Validation Checklist: Verify Vendor Info Fast](https://www.paymentworks.com/2025/04/08/vendor-validation-quick-hit-checklist/): A checklist for verifying company information, bank accounts, and tax IDs before adding vendors to a master file. - [A Primer on Supplier Identification](https://www.paymentworks.com/2024/08/09/primer-on-supplier-identification/): Why supplier identification is labor-intensive and error-prone, and how to minimize fraud risk in the process. - [Building a Fraud-Resilient Vendor Risk Management Program](https://www.paymentworks.com/2025/06/03/fraud-resilient-vendor-risk-management-program/): Aligning culture and automation to stop impersonation scams and policy exceptions. - [B2B Electronic Payments Fraud: Anatomy of an Attack](https://www.paymentworks.com/2024/09/20/anatomy-b2b-electronic-payments-fraud/): How electronic B2B payment fraud works, from vendor impersonation to ACH redirect, and the defenses that block it. - [Government Vendor Management Best Practices for AP](https://www.paymentworks.com/2025/01/31/vendor-management-best-practices-government/): Vendor management best practices for government AP teams facing unique compliance demands. - [Top 5 Vendor Onboarding Challenges in Government AP](https://www.paymentworks.com/2025/02/28/top-5-challenges-in-vendor-onboarding-for-government-and-how-to-solve-them/): The most common vendor onboarding challenges for government AP teams and how to solve them. - [Vendor Compliance for Universities: AP Best Practices](https://www.paymentworks.com/2025/04/11/components-vendor-compliance-for-universities/): Vendor compliance essentials for university procurement teams to meet regulatory requirements and reduce risk. - [Higher Education Vendor Management Platforms Save Colleges Time and Money](https://www.paymentworks.com/2025/02/14/higher-education-vendor-management-platforms/): How vendor management platforms set higher-education institutions up for long-term efficiency, not just short-term fixes.