Vendor Compliance | Procure to Pay
Audit Trail
Every check, acceptance and override, retained.
What it does
Inside Audit Trail.
An override can be explained years later by the record rather than by a person.
01
Immutable record of checks, acceptances and overrides
02
Override reason capture with approver identity
03
Period and vendor level evidence export
04
Retention aligned to statutory and contractual obligations
Where it sits
Part of Vendor Compliance.
Document Control The required documents, held, versioned and dated. Compliance Checks Screening and verification that runs before transacting. Continuous Monitoring Status re-checked on a schedule, not at onboarding only. Controls and Segregation Who may create, change, approve and pay, enforced separately. Certifications Standards, insurance and accreditations tracked to expiry. Vendor Scorecards One weighted score per vendor, over the criteria you actually measure. Statutory Exposure Where paying a vendor late costs you a deduction, not just goodwill.
Run Audit Trail against your books.
A working session on your structure and a month of your documents.