Blocklisted Merchant Detection
Minimize the use of unapproved merchants by employees
Procurement and finance teams want to restrict employee spending with blocklisted merchants who do not offer favorable terms, are competitive, or have a history of poor service and corporate disputes.
The Blocklisted Merchant Detection App enables auditors to flag payments to undesirable suppliers. As a result, companies can minimize maverick spend and achieve employee compliance around spending only with preferred suppliers offering the best terms.