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Data enrichment, sometimes called a data cleanse or data scrub, is the process of cleaning an organization’s master vendor file by comparing that file to an up-to-date third party master database in order to correct the organization’s bad or duplicate vendor data, as well as understand diverse supplier spend.
Typical data enrichment may help with vendor address standardization, contact information updates, diversity category and certification status, Tax ID, diverse supplier count and spend, and more.
In a recent Supplier.io webinar, Byron shared wisdom from over two decades of experience, offering actionable insights for procurement leaders striving to build resilient, high-impact programs. Michael Byron: A Legacy Built on Purpose and Performance Michael...
