The Vendor Data Management – In-Person CPE Training Event is your opportunity to master the principles and practices essential for effectively and securely managing vendor data for the purchasing and accounts payable functions. This seminar focuses on mitigating risks, ensuring compliance, and safeguarding organizational data from cyber threats and fraud. Designed for professionals overseeing vendor relationships and data integrity for purchasing and accounts payable fucntions, attendees will earn 4 CPE credits, gaining tools and insights that protect against common vulnerabilities while improving operational efficiency.
Why Attend?
Earn 4 CPEs - Boost your professional qualifications while deepening your expertise in vendor data management for the procurement and accounts payable functions.
Ensure Data Security - Learn strategies to secure vendor data and protect against fraud and cyber risks to the procurement cycle.
Enhance Compliance - Navigate through regulatory mandates like GDPR and CCPA to keep your systems compliant.
Reduce Fraud Risks - Implement robust internal controls and validation techniques to minimize vendor-related fraud within procure to payment.
Streamline Vendor Management - Leverage industry-leading practices to create efficient, accurate vendor data processes for purchasing and accounts payable.
What You’ll Learn
Gain insights into advanced methods and actionable strategies for managing vendor data securely and efficiently. Learning objectives include:
Authentication of Vendor Data - Apply authentication techniques and utilize internal controls to protect sensitive information and reduce procure to payment fraud.
Validation Techniques - Discover vendor validations and create tailored reference lists to ensure the accuracy of vendor data for the procurement process.
Master Vendor Data Management - Learn internal controls and best practices for maintaining a secure and accurate vendor master file working with purchasing and accounts payable.
Fraud Prevention - Equip yourself with tools to detect and prevent procurement to payment fraud through rigorous vendor data protocols.
Regulatory Compliance - Understand and comply with data protection laws while aligning your processes with procurement industry standards.
Proactive Risk Mitigation - Identify vulnerabilities in vendor data systems and proactively address potential risks.
Efficient Workflows - Implement customizable, step-by-step processes for organizing and managing vendor master files.
Course Highlights
Comprehensive Overview of Vendor Data Management - Explore a unique Authentication.Validation.Management™ framework addressing vital stages of vendor data management.
Risk Mitigation Techniques - Equip yourself with tools to combat cybersecurity risks and payment fraud effectively.
Compliance Best Practices - Learn how to align vendor data management with regulations such as GDPR and CCPA.
Hands-On Learning - Gain practical skills through templates, case studies, and real-world applications for vendor authentication and validation.
Interactive Tools Provided - Take advantage of the provided Vendor Validation Reference Template and Authentication Reference Guide for immediate organizational integration.
Key Agenda Topics
Introduction to Vendor Data Management
- Importance of secure vendor management in protecting organizational assets.
- Overview of compliance, regulatory requirements, and common challenges.
Authentication Strategies
- Techniques for verifying vendor data through secure communication channels.
- Practical methods for validating vendor emails, banking information, and sensitive data fields.
Vendor Data Validation
- Methods to confirm the accuracy of collected vendor data.
- Steps for conducting thorough vendor risk assessments to ensure reliability.
Master Vendor Data File Management
- Industry best practices for maintaining accurate and organized data in vendor master files.
- Internal controls for monitoring and updating vendor data securely.
Fraud Detection and Prevention
- Social engineering schemes, fraud tactics, and proactive solutions to protect data integrity.
- Real-world examples of fraud detection methods that organizations have successfully implemented.
Building a Compliance Roadmap
- Regulatory compliance frameworks and how to adapt your processes for GDPR, CCPA, and other key mandates.
Proactive Risk Mitigation
- Develop strategies to address vulnerabilities in vendor data systems, ensuring long-term security and efficiency.
Event Details
- Format: Live, in-person training with expert-led examples and practical exercises.
- Schedule: Fridays 9 a.m. – 12:45 p.m.
- CPE Credits: Earn 4 credits in Auditing
- Cost: $280 per attendee.
- Location: Conducted in various cities nationwide.
- Audience: Tailored for procurement teams, compliance officers, and security experts handling vendor data processes.
Who Should Attend?
This training is designed for professionals responsible for vendor oversight, vendor master file management, data security, and compliance standards, including but not limited to:
- Procurement Specialists managing vendor onboarding and data updates.
- Compliance Officers ensuring vendor data practices meet legal and regulatory frameworks.
- Internal Auditors monitoring data accuracy and internal controls.
Why Vendor Data Management Matters
As businesses increasingly rely on complex supply chains and technology vendors, managing vendor data securely has never been more critical. The consequences of bad vendor data range from inefficiencies to severe cyberattacks and fraud. By adopting proven frameworks like Authentication.Validation.Management™, organizations can fortify their systems, protect sensitive information, and maintain high compliance standards.
Register Today
Equip your team with the tools, templates, and insights to streamline vendor data management and safeguard your organization’s most valuable data assets.
Register now for the Vendor Data Management – In-Person CPE Training Event, and take charge of your vendor data processes with confidence and clarity!
Vendor Data Management -In-Person
Being offered on Mondays at 9:00 a.m. to 12:30 p.m.
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