Vendor Compliance 101: Must-Have for Navigating Tariffs and Trade Regulations

In today’s world of shifting tariffs and complex trade regulations, the risk of costly penalties due to non-compliant vendor payments is higher than ever. For example, a city in Missouri had to pay $42K in penalties after a surprise visit from IRS agents.
Mekorma created this sheet to help you avoid penalties and ensure compliance. Your AP process should begin long before processing an invoice. According to U.S. regulatory laws, compliance must start at the very beginning, with vendor verification.
Learn more about the essential vendor compliance steps in our Vendor Compliance 101 sheet.
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