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Vendor Onboarding


Glossary

What is Vendor Onboarding?

Vendor onboarding is the systematic procedure of gathering essential information required to authorize a company as an approved vendor. This crucial process empowers organizations to seamlessly engage in business transactions, procure goods and services, and facilitate payments to the approved vendor. Efficient vendor onboarding ensures that both parties involved have the necessary details to establish a productive and compliant business relationship.

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