Master Vendor File

What is a Master Vendor File?

A master vendor file, sometimes called a supplier portfolio, is a complete catalogue of an organization’s suppliers and vendors across every department. Master vendor files include data such as: vendor contact information, diversity status, Tax ID, corporate hierarchy, spend amount, and more.

Master vendor files are often kept up-to-date by way of data enrichment - a third party service that helps clean and correct the data of each vendor record.

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