Checklist

Vendor Validation Checklist

Download this vendor validation checklist to confirm that the supplier you plan to sign the contract with is legitimate and reliable. An accurate vendor validation protects your organization from fraudulent and duplicate vendor onboarding, mitigates the risk of non-compliance, and avoids unpleasant surprises when existing vendors leave the business.

Download Checklist

How will this vendor validation checklist help?

Vendor validation, referred to as supplier verification, confirms that a supplier your company wishes to contract with is legitimate and reliable. If your business is subject to regulatory requirements or other standards, you will need to validate that the suppliers you work with also abide by these rules.

A proper vendor validation system takes care of:

W-9 and W-8 tax form processing
Tax identification number (TIN) matching
Automated bank account validation
Vendor verification against OFAC/SDN and 30+federal compliance lists

and, much more

Access this checklist by completing the form and clicking “Download Now.”