- Membership
- Certification
- Events
- Community
- About
- Help
Vendor Master File
Maintaining a vendor master file can be a complicated process for many teams. IOFM offer content to help you learn best practices to standardize vendor team activities to avoid payment fraud, compliance fines, and bad vendor data.
Q. What documents should we collect for Canadian vendors? Note, this would be a Canadian vendor and… Read More
Q. We have a Supplier let's call them Brown Corp, TAX ID 91-2345678.Brown Corp was acquired by Blue… Read More
Q. We received a letter from a vendor stating they assigned their AR to a factoring company. They… Read More
Q. Within your organization, who completes supplier credit applications? And is that group also… Read More
Q. How are you confirming banking information for foreign vendors? Are you obtaining voided checks… Read More
Q. I have a question related to OFAC compliance. I’d like to understand what best practice is… Read More
Q. We are considering changing the way we bring in new vendors which would include a vendor… Read More
Q. I am looking for benchmarking on supplier onboarding. What is the average number of active… Read More
Q. What is the best way to handle a vendor name change when the tax ID and classification stay the… Read More
Q. I am looking for best practices being used to verify banking details for new and existing… Read More
What are you waiting for?
