Vendor Master Data Screening helps organizations protect their payment processes from fraud and disruptions, especially in the wake of increased remote operations. The shift during the pandemic led to a surge in sophisticated fraud attempts, with 73% of organizations experiencing spoofed emails or websites in 2022. Without proper screening, companies risk paying fraudulent vendors. TIS provides tools to analyze and verify vendor master data, ensuring secure transactions and reducing exposure to threats. This proactive approach strengthens financial controls and safeguards corporate payments.

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