Vendor compliance overview

Vendor compliance management allows you to track insurance and miscellaneous compliance items (such as licenses) related to vendors. Compliance validation occurs when you pay vendor bills in Account Payable.

The Vendor Compliance subscription is included with your Construction subscription, but you must turn it on separately (Company > Admin tab > Subscriptions). After your subscription is turned on, assign compliance permissions in Purchasing.

Turn on the Vendor Compliance subscription so that you can:

  • Create compliance definitions to establish how documents are validated and what happens when a document is missing or expired. Validation is based on either receipt of a document or an expiration date.

  • Specify whether payments are blocked or a warning appears in Accounts Payable if a vendor has an expired or missing document.

  • Create compliance types for each type of document that you need to track.

  • Associate compliance definitions with one or more compliance types.

  • Create compliance records for your vendors or commitments. Create one compliance record for each of the vendor's documents that you need to track.

The Construction industry uses specific terminology that can differ from Sage Intacct terminology. Understand how Sage Intacct terms align with Construction industry terms.

You can then change Sage Intacct terminology to match Construction industry terms. For example, you can change Project to Job.

Workflow