Vendor Master File

What is a Vendor Master File?

A vendor master file, sometimes called a supplier portfolio, is a complete catalog of an organization’s suppliers and vendors across every department. Vendor master files include data such as vendor contact information, diversity status, Tax ID, corporate hierarchy, spend amount, and more.

Vendor master files are often kept up-to-date by way of data enrichment—a third-party service that helps clean and correct the data of each vendor record.