Does anyone have experience using tools / apps / API solutions, with Ironclad, to verify, validate and/or pre-validate vendor payment/banking/tax data? For example:
- IBAN number
- BSB number
- Transit Number
- Sort Code
- SWIFT
- Bank Code
- Branch Code
- MICR or IFSC Code
- CLABE number
- Bank Routing Symbol Transit Number (BRSTN)
- ABA/ACH Routing Number
- Bank Account Number
- Bank Key
- Financial Institute Number
CONTEXT: we're hoping to build a workflow for high volume / low value vendor contracts and, in order to keep the "on-boarding" experience as short and sweet as possible for such vendors, we'd like to use the Counterparty Form to collect the data we'd need in order to process their payments (our org uses SAP for payments).
WHY: we want to reduce the user input error (by the vendor) so that, when our Vendor Master Data Team comes to input / transfer the data into SAP they can benefit from some level of automation AND a reduced need to double / triple check data manually. (Currently, their days are filled with checking that sort codes contain 6 digits in XX - XX - XX format etc. ...*snore*)
