Improve your AP process validation & efficiency, and your Vendor Master file data quality with Mekorma Vendor Validation.
TIN matching and OFAC screening can be a hassle when setting up new vendors, and it is almost impossible to recheck manually while processing AP payments.
Mekorma Vendor Validation integrates those features into both the "Vendor Maintenance" and "Process Payments / Print Checks" screens in Acumatica to streamline these validations at the most critical points in your AP process.
Performing TIN matching is essential to avoid B notices from the IRS, and possibly causing significant disruption to year-end procedures. Furthermore, it has the benefit of improving the data quality of your Vendor Master file. Let Mekorma assist you in automating this annoying task before the peak of your 1099 season.
Frequent screening of Vendors against the OFAC list is not practical, but it is recommended as the Office of Foreign Asset Control (OFAC) continues to update the list, as often as 3 times in a day in some cases. Effective OFAC screening will help organizations avoid supporting dubious organizations, as well as avoid financial and significant legal risks, as extreme as jail time!
We help AP professionals master payment processing. Our integrated software makes it easy to work efficiently, reduce unnecessary manual tasks, and maintain a secure and transparent process. For over three decades, we’ve been a respected leader across ERP communities – and continue to provide innovative solutions for our 5,000+ customers.
What sets us apart? The combination of deep expertise, well-designed products, and targeted service.
We are committed to providing outstanding software solutions and an outstanding customer experience—from your first contact with us to implementation and technical support. We know our customers and partners are not just companies, but a set of individuals with very specific needs and issues.
We respond to questions promptly and seek answers if we don’t know them. We value nothing more than servicing our community and nurturing our many long-term relationships.
Your insights are valuable, be the first to rate this solution.