Best practice for onboarding new suppliers

February 25, 2021


Q.¬†When you are onboarding a new supplier, does one person do the entire task? Or do you split the job and have one person do the initial set up and a separate person or department take care of the banking information? Also, who handles vendor banking changes at your company? A. The question was addressed by Debra Richardson, a third-party Vendor Master File Advisor ( Debra's independent advisory services firm offers experienced and practical help to financial…

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