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Vendor Validation

oboloo Glossary

Vendor Validation

Vendor Validation is a process of verifying the credibility, integrity and ability of vendors to provide products and services as expected. It involves examining a variety of data to determine whether a vendor’s credentials, capabilities and experience match the needs of the business. It also helps ensure that business partners are compliant with relevant regulations and standards. By conducting Vendor Validation, organizations can build trust and confidence with their suppliers, partners and customers, laying the groundwork for successful long-term business relationships.

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