Audit your Vendor Master File continuously to ensure data quality

The banking and legal data of your third parties evolve and deteriorate over time. Monitor the third party data in your VMF in real time and ensure the clean-up of the database in real time thanks to the data enrichment provided by Trustpair.

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Continuous control of the data

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Real-time visibility of the VMF state

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Integration with your existing processes

THIRD PARTY STATUS DIAGNOSIS

Work with a reliable and healthy third-party database

Third-party data is a living organism that evolves and degrades over time. On average, 30% of erroneous data is observed in the VMF, which exposes the company to payment risks (rejections, delays, etc.) or fraud.

Ensure a detailed analysis of your third party database in France and abroad

  • 360° vision and diagnosis of the state of your database
  • Visualization of anomalies and fraud risks
  • Prioritization of cleaning actions to be carried out

INTELLIGENT CLEANING OF YOUR VMF

Enrich and correct your third-party data continuously

Closed company, judicial liquidation, change of bank account: the legal and banking data of third parties can contain errors and evolve over time. Updating your database manually can become overwhelming and time-consuming.

Trustpair provides intelligent suggestions to help you clean and update your third party database.

  • Enrichment of incomplete banking and legal data
  • Automatic correction of erroneous data and case-by-case review of assessments
  • Monitoring of the evolution of the third party database

REAL-TIME MONITORING

Keep your database up to date by auditing it continuously

Maintaining thousands third parties up to date is no easy task for Financial teams. The objective is to ensure in real time the reliability and relevance of each information in the database.

Trustpair implements a continuous and automatic audit of your database to maintain clean and healthy data over time.

  • Real-time control of third party information
  • Alerts and notifications when changes are detected
  • Tracking of third party status changes

INTEGRATION AND DEPLOYMENT

Benefit from Trutspair’s audit directly through your business tools

When it comes to reviewing internal procedures, companies share a common concern: optimizing their existing processes without adding complications.

Continuously audit your third-party database to protect yourself from the risks of transfer fraud, no matter where your third-party data is hosted. Trustpair offers a continuous and automatic audit of your database.

Procure-to-Pay processes become smooth and secure, without disrupting your digital environment:

  • Manual use via the Trustpair web application
  • Autonomous API deployment
  • Native connector for purchasing, ERP and TMS tools

Reinforce your supplier checks to prevent wire transfer fraud.

Trustpair clients speak out

They use Trustpair to have synced data in their VMF in real time

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