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Financial Operations Networks Launches New Training and Certification Program to Support Vendor Onboarding and Information Management
  • USA - English


News provided by

Financial Operations Networks

Jul 20, 2023, 12:05 ET

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Vendor Information Management Center of Excellence
Vendor Information Management Center of Excellence

ATLANTA (PRWEB) July 20, 2023 -- Financial Operations Networks (FON), founder of The Accounts Payable Network (TAPN), today announced an industry-first training and certification program emphasizing best practices for vendor onboarding and information management. The Vendor Information Management Center of Excellence (VIMCOE) focuses on the skills that accounts payable, procurement sourcing and other professionals within the corporate enterprise need to collect, verify, organize, and evaluate vendor information in an efficient, secure and compliant way.

“There’s a lot at stake in the way that an organization onboards suppliers and manages vendor information,” commented FON CEO Phil Binkow.

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Designed for any individual or department responsible for vendor onboarding, updating vendor profiles and managing vendor information, VIMCOE helps accounting, finance and operations professionals keep up with changing requirements to collect, verify and manage vendor information, implement best practices, mitigate fraud and ensure compliance to avoid fines, penalties, and reputational damage.

VIMCOE provides the most expansive library of educational articles, research and white papers on best practices for vendor onboarding and information management, all available at no charge.

VIMCOE’s certification, Accredited Vendor Information Professional (AVIP), is a first-of-its-kind program that confirms the knowledge necessary for vendor onboarding and information management and provides a way for vendor information management professionals to demonstrate their expertise and commitment. AVIP was created by the founders of the Accounts Payable Certification Programs, which has enrolled more than 15,000 accounts payable professionals worldwide.

AVIP course materials were developed by industry experts and rigorously reviewed by experts in vendor onboarding and information management. Course topics include best practices for vendor information gathering, compliance, controlling and securing vendor information, vendor master file management, building and maintaining strong vendor relationships and vendor analysis. Accounting, finance and operations professionals who enroll in AVIP learn at their own pace with online course materials and testing. Professionals can earn an AVIP designation without ever leaving their workplace.

“There’s a lot at stake in the way that an organization onboards suppliers and manages vendor information,” commented FON CEO Phil Binkow. “That’s why Financial Operations Networks created the Vendor Information Management Center of Excellence and the Accredited Vendor Information Professional program. VIMCOE and AVIP provide individuals with the best practices they need to onboard vendors and manage vendor information in an efficient, secure and compliant way.”

Access the VIMCOE library and learn more about AVIP at http://www.vimcoe.com.

Patti Wysocki, Financial Operations Networks, http://www.vimcoe.com, 1 757-564-1930, [email protected]

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