How Do Virtual Cards Help Prevent Vendor Fraud Risk?
Vendor fraud succeeds by reusing one stolen asset: a standing account or routing number a criminal can hit again and again. The question most AP and procurement leaders are now…
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Designed to Help You Achieve Your Ideal State in Vendor Management
How State and Local Governments Can Streamline Operations With Vendor Payment Automation
Vendor payment automation replaces the manual, paper-based steps in government accounts payable with controlled digital workflows that onboard vendors, approve invoices, pay electronically, and reconcile to the ledger. Done right,…
Your Vendor File Grew Up, But Your Process Still Uses Training Wheels
Most finance teams know their vendor master is messy. Few can say how messy, what it costs, or how exposed it leaves them. The Hackett Group set out to answer…
1099 Compliance and Vendor Data: How Clean Vendor Records Prevent Year-End Headaches
Every year, AP teams across the country spend Q4 doing the same thing: chasing vendor data.
What “Know Your Vendor” Compliance Actually Requires: Beyond the W-9
Ask most AP teams what vendor compliance looks like, and they'll point to the W-9.
The Know Your Vendor Checklist: How to Authenticate Vendor Identity Before the First Payment
Most AP teams have some version of a vendor setup process. What most don't have is a vendor authentication process.
What It Actually Means to ‘Know Your Vendor’ in 2026
The phrase "know your vendor" has been circulating in AP and procurement circles for years. It sounds straightforward. It sounds like something most organizations already do.
Supplier Portal Software: Identifying What You Need
Supplier portal software has become a standard part of the AP technology stack. Most mid-market and enterprise organizations now have some form of vendor-facing portal, a place where suppliers can…
How Fraud Insurance Protects B2B Transactions
Vendor payment fraud is a financial risk. Like most financial risks, it can be managed through a combination of prevention, process controls, and coverage.