How can we ensure vendor bank accounts are correctly entered in SAP?

The best solution is to avoid manual entry by in-house staff. Have the supplier enter their details and provide supporting banking documentation. Route these details and supporting documents for internal review. If details don’t match, reject the vendor submission. If the details are valid accept the provided details, but ensure all updates are automatically processed by the system. The IQX Procurement Solution combines internal SAP Fiori Apps with an online Vendor Portal to engage suppliers directly in submitting organizational details such as address and banking information, questionnaire responses, and certifications.