New Vendor Registration
Structures onboarding of new vendors to ensure accurate tax and banking data.
Onboards new suppliers, contractors, or service providers, collecting necessary tax information and banking details. Ensures legal compliance for payments and protects company funds from fraud. While shared with Finance, Sales initiates this workflow when sourcing new partners or agencies. It requires validation of tax ID, bank accounts, and legal documents before a vendor can be entered into the payment system, ensuring all external spending is secure and compliant.
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