Secure and optimize your organization’s vendor data with our comprehensive Vendor Data Management Training Seminar. This targeted program empowers procurement professionals, compliance officers, and information security specialists to master the intricacies of vendor data management. With a focus on safeguarding data, ensuring compliance, and reducing vulnerabilities, this 4 CPE credit event delivers actionable insights for today’s complex business environment.

Why Attend?

1. Strengthen Vendor Data Security - Learn cutting-edge strategies to protect your vendor data from cyber threats, ensuring your organization stays one step ahead of fraud and data breaches.

2. Ensure Regulatory Compliance - Navigate data protection laws like GDPR and CCPA with confidence. Discover practical techniques to meet compliance standards while managing your vendor data efficiently.

3. Proactively Mitigate Risks - Master risk assessment and mitigation strategies to tackle vulnerabilities in vendor data processes and prevent costly errors and compliance fines.

4. Gain 4 NASBA-Approved CPE Credits - Enhance your professional skills and qualifications with credits that align with your career and organizational goals.

What You’ll Learn

The seminar covers essential topics to help you optimize vendor data management while mitigating risks to your organization.

Course Highlights

1. Authentication Strategies:

Utilize 5 authentication techniques and 13 internal controls to validate vendor documentation and communication securely.
Create tailored authentication reference lists to prevent fraud in vendor interactions.

2. Vendor Validation Techniques:

Master 16 vendor validation methods to ensure data accuracy and confirm authenticity.
Customize your own validation reference list based on industry-specific needs for improved accuracy and compliance.

3. Data Management Best Practices:

Discover 17 actionable best practices and 13 internal controls to maintain consistency and integrity in your vendor master file.
Get step-by-step guidance for creating a structured, secure, and efficient data management system.

Exclusive Templates Provided

Vendor Validation Reference List Template
Authentication Reference Template

Course Structure

This in-depth four-hour seminar is presented in an engaging format that combines expert-led instruction with real-world applications.

Agenda

Introduction: The critical role of vendor data management in modern business operations.
Fraud in Vendor Processes: Principles of preventing occupational fraud and addressing social engineering schemes.
Authentication: Secure methods for verifying vendor information via calls, emails, and submitted documentation.
Validation Methods: Strategies for ensuring vendor data accuracy and safeguarding banking information.
Vendor Data Management: Key internal controls and best practices to maintain data consistency and reliability.
Summary & Wrap-Up: Recap of actionable steps to improve data security and vendor management.

Benefits of Attending

Improve Security Protocols: Stay ahead of cyber threats with easy-to-implement security measures.
Ensure Compliance: Gain confidence in your ability to meet complex regulatory requirements like GDPR and CCPA.
Prevent Financial Impact: Avoid fraud and payment errors through robust vendor validations and authentication processes.
Earn CPE Credits: Enjoy the dual advantage of sharpening your skills while adding 4 NASBA-approved CPE credits to your résumé.

Event Details

Schedule: Held every eight weeks on Fridays, 10 a.m. – 2:30 p.m. CST.
Delivery Format: Group Internet-Based; interactive and engaging.
CPE Credits: 4 NASBA credits in Auditing.
Cost: $280.
Private Sessions Available: Tailored training options for two or more attendees.

Who Should Attend?

This training is ideal for professionals focused on improving vendor data integrity and security practices, including:

Procurement Professionals: Enhance vendor management processes to ensure seamless operations.
Compliance Officers: Gain strategies to manage regulatory risks while overseeing vendor data.
Information Security Specialists: Strengthen your organization’s defenses against evolving cyber threats.

Why Vendor Data Management Matters

Vendor data serves as the foundation for efficient procure-to-pay operations. Effective management ensures:

Reduced Risk of Fraud: Implement validated measures to avoid costly errors and payment scams.
Operational Efficiency: Maintain a clean and accurate vendor master file for seamless transactions.
Regulatory Assurance: Meet industry standards to avoid non-compliance penalties.

Register Now

Take control of your vendor data management processes and protect your organization’s valuable assets. Join us for this 4 CPE credit seminar, where you’ll gain the knowledge, tools, and frameworks needed to secure your vendor data against today’s most pressing threats.

Register today to unlock smarter, safer, and more effective vendor data management strategies!

Vendor Data Management

Name: Vendor Data Management
Brand: Procure-to-Pay

$280.00

Dates Available

Quantity

Offered every eight weeks on Fridays at 10:00 a.m. to 2:30 p.m. Central Time in four CPE-Credit event.

We can schedule private events on your timetable for two or more attendees. This event is also available for on-site private training for your procurement staff.

NASBA Program Disclosure

Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing
CPE Credits: 4, based on 50 minutes of instruction per hour
1. Data Security Strategies

Discover the latest strategies and technologies for safeguarding vendor data against cyber threats and payment fraud. Gain valuable insights into practical security measures designed to protect your organization's invaluable data assets.

2. Compliance Requirements Demystified

Navigate the regulatory landscape surrounding vendor data management, including GDPR, CCPA, and more. Ensure compliance with data protection regulations while optimizing your vendor data management practices.

3. Proactive Risk Mitigation

Go beyond collecting vendor data and entering it into your vendor master file. Equip yourself with effective risk assessment and mitigation techniques to proactively address vulnerabilities in vendor data management. Learn to identify and mitigate risks for a robust data management strategy.

4. Leading Industry Framework

Explore Authentication.Validation.ManagementTM, a proven framework for vendor data management to avoid fraud, regulatory fines and bad vendor data. Elevate your data management approach with insights from an experienced professional.

Explore Authentication.Validation.ManagementTM, a proven framework for vendor data management to avoid fraud, regulatory fines and bad vendor data. Elevate your data management approach with insights from an experienced professional.
Dive into the cutting-edge strategies and technologies crafted to protect vendor data against evolving cyber threats that can lead to payment fraud.

Embark on a journey through a comprehensive foundation framework for vendor data management.

Arm yourself with impactful mitigation techniques to proactively tackle vulnerabilities in vendor data management.

Discover the industry's authentication techniques, internal controls, best practices, and vendor validations for accurate vendor data management to avoid payment fraud, regulatory fines and bad vendor data.
Introduction

Section 1 Fraud in the Vendor Process

Sensitive Personal Information

Social Engineering Schemes

Occupational Fraud

Section 2 Three Step Vendor Setup & Maintenance Process
Section 3 Data Authentication

Authentication Techniques for Callers

Authentication Techniques for Emails

Authentication Techniques for Vendor Information Fields

Authentication Recap

Section 4 Validation of Data

Validate Vendor Data Collected

Validate Vendor Banking Data Collected

Other Validation Considerations

Validate Recap

Section 5 Management of Vendor Data

Vendor Master File Best Practices

Vendor Master File Internal Controls

Vendor Master File Vendor Data Review

Managsment Recap

Section 6 Summary and Wrap-Up
This CPE training event provides an insightful exploration of the essential strategies and technologies aimed at safeguarding vendor data against emerging cyber threats that can lead to payment fraud, compliance fines and bad vendor data.

It also delves deep into the intricate landscape of regulatory compliance that surrounds vendor data management, offering a comprehensive understanding of the crucial requirements and implications. Additionally, the training event equips individuals with effective risk assessment and mitigation techniques, empowering them to proactively address vulnerabilities in vendor data management.

Furthermore, the instruction uncovers the industry's authentication techniques, internal controls, best practices and vendor validation in a framework that have proven to be an effective strategy for vendor data management.
Debra R Richardson, MBA, CFE, APM, APPM, CPRS

Debra, an accounts payable consultant with over 20 years of experience in Fortune 500 companies like Verizon, General Motors, and Aramark, is a seasoned professional in accounts payable, accounts receivable, general ledger, and financial reporting. Debra brings a wealth of knowledge to her events.A Certified Fraud Examiner (CFE), her expertise in Global Vendor Maintenance and implementation of vendor self-registration portals has been pivotal in establishing robust internal controls to prevent fraud.

Vendor Data Management

Details on Event Presentation

CPE Event Highlights

Learning Objectives

Key Issues on the Agenda

Summary of the Subject Matter

Distinguished Instructor