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Using AI to Improve Vendor Onboarding

January 3, 2024

Automation and risk management benefits AI can significantly streamline and enhance the vendor onboarding (supplier onboarding) process by automating various tasks, improving efficiency, and ensuring compliance. How AI can assist in a vendor portal-based vendor onboarding program Implementing AI in vendor onboarding not only accelerates the process but also enhances accuracy, reduces the risk of […]

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Word of the Week: TIN Check

September 5, 2019

What is a TIN Check? When onboarding a new vendor, a TIN Check is an important component of ensuring compliance. A TIN Check verifies that either a Social Security Number (SSN) or an Employer Identification Number (EIN) is valid and matches a person’s or company’s name in the IRS Database. A mismatch occurs when the […]

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