Finexio Supplier Verification Process

Finexio follows documented policies and procedures for Supplier Verification

Our industry-leading Supplier Enablement Team contacts targeted Suppliers receiving payment through Finexio's Customers via email or recorded/transcribed phone line to confirm the most efficient and cost-effective payment route. Finexio treats every supplier as a vital business partner, catering to individual company cashflow and working capital needs.


Supplier Verification Process

STEP 1: Identifies open or valid accounts at the point of transaction
STEP 2: Verifies and matches account owner and account signatory information
STEP 3: Provides status information about the specific condition of the account (open, closed, etc.)
STEP 4: Provides immediate notification of high-risk payments
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