Supplier Information Management Tips and Reminders

All vendor updates go through a verification process and require approval. If a vendor is changing their name and Tax ID Number, they need to submit a new registration. This gives a clean record while maintaining the history of the old information. 

Please make sure vendors understand if they are being paid as individuals or as their company prior to submitting their registration.  Also, many companies already have an existing PaymentWorks account so ask the vendor who the invitation should go to prior to sending the invitation.

Employee turnover is a growing issue. Let your suppliers know that they can add additional authorized users to their account.