Description:

Even with the right documents in hand, vendor data must be validated to ensure accuracy and compliance. This course explores the different types of validations companies should consider—ranging from regulatory checks (IRS and watchlists) to address standardization, non-US vendor requirements, and VAT-related checks. We’ll explain how to decide which validations make sense for your organization, what tools can support these efforts, and how often validations should be repeated to stay compliant and prevent fraud. 

Agenda:

• Why validations matter in vendor onboarding 

• Regulatory checks: IRS, OFAC, and watchlists 

• Standardization: addresses and naming conventions 

• Non-US vendor validations and VAT considerations 

• Deciding frequency and scope of validations 

What You’ll Learn: 

• Differentiate between regulatory, standardization, and non-US validations 

• Decide which validations are essential for your company’s risk profile 

• Build a validation schedule that balances efficiency and compliance 

• Understand how validations strengthen fraud prevention and audit readiness 

Audience: 

AP teams, vendor onboarding staff, risk and compliance professionals, internal audit.