This service allows employees or department representatives to request the creation of a new vendor record or update an existing vendor in the organization’s financial system. The Finance or Accounts Payable team ensures vendor information is accurate, complete, and compliant with organizational policies and regulatory requirements.
What’s Included
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Creation of new vendor records with required documentation
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Updates to existing vendor information (address, banking details, tax ID, contact information)
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Verification of compliance with internal policies and regulatory requirements
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Coordination with departments to validate vendor details
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Documentation of approvals and changes for audit purposes
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Communication of completion or follow-up actions to requestor
Who Can Request This Service
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Department managers or supervisors
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Authorized staff responsible for vendor management
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Accounts Payable or Finance personnel submitting on behalf of departments
When to Use This Service
Submit a Vendor Set-up or Update Request when:
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A new vendor needs to be added to the financial system
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Existing vendor details require corrections or updates
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Vendor banking, tax, or contact information changes
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Vendor status or approval documentation needs verification
Requirements Before Submitting
Please provide:
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Vendor name, address, and contact information
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Tax ID or other legal identifiers
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Bank account details (if applicable)
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Type of update or reason for vendor creation
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Department or project requesting vendor setup
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Contact information for follow-up
Fulfillment Time
Requests are typically processed within 3–5 business days, depending on verification requirements and completeness of documentation.