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Benefits

Why organizations choose VendorInfo for vendor data management

Identify fraud attempts to avoid costly mistakes

  • Automated validation of bank account ownership
  • Real-time verifications
  • Supports Know Your Vendor (KYC) initiatives

Streamline processes to increase productivity and efficiency

  • Eliminate duplicate efforts and touches
  • Self-service data collection
  • Self-service invoice and payment status
  • Automated vendor statement reconciliations
  • Automated verifications

Faster cycle times helps your team accomplish more in less time

  • Configurable systematic workflows
  • Intuitive, user-friendly interface
  • Effortless export of forms and data directly into any ERP

Increase accuracy to keep your vendor master clean and eliminate expensive and time-consuming exception items

  • Duplicate invoice detection
  • Multiple levels of online approval
  • Automated output of forms to a vendor master file

Automate verifications to ease your compliance burden and avoid fines and penalties

  • TIN matching, OFAC screening & 40+ verifications
  • Automated custom review and approval workflows
  • Comprehensive auditing

Achieve complete transparency in support of strong internal controls

  • Centralized cloud-based storage of documents and data
  • Instant access to archived vendor data
  • Operational metrics

Enhance supplier relationships to decrease friction and support collaboration

  • Self-service online portal
  • No more back-and-forth emails and calls
  • Vendor statement reconciliations