Policy

Subject Areas:	Procurement Services
Policy Title:	Vendor Master File
Policy / Procedure No:	PUR010
Responsible Office:	Procurement Services

PURPOSE: To establish guidelines for adding and modifying vendor records on the University's Vendor Master File.

DEFINITIONS: Vendor Master File: A: A database in Banner that contains a record of all vendors with whom the University conducts business.

SCOPE: Applies to all Northeastern University employees.

POLICY:

1. The Procurement Services Systems Coordinator has responsibility for entering and maintaining complete vendor records in the Vendor Master File.

2. Designated individuals in Accounts Payable have authority to create vendor records. This authorization is to enter sufficient "remit to" data to facilitate vendor payments.