Remove Participant Remove Request for Information Remove Risk Mitigation
article thumbnail

How The Age Of Bots, Fake News Taints The Buyer-Supplier Relationship

PYMNTS

Both sides must consider Anti-Money Laundering (AML) compliance and other regulatory risks in their business relationships, too. Risk mitigation is only one component of an immensely complex process that results in the right buyers and suppliers connecting with each other. This isn’t a simple game of speed dating, though.

Bots 40
article thumbnail

Mastering the Art of Vendor Selection: A Friendly Guide

Nanonets

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance.   Risk mitigation : Thorough   vendor evaluation   and ongoing monitoring can minimize the risks associated with disruptions, delays, or subpar product or service quality.