Audit Trail

An Audit Trail is a detailed, chronological record of all transactions, actions, and communications related to supplier interactions.

This traceable history allows businesses to verify processes and ensure transparency and accountability in supplier relationships.

Audit trails are essential for regulatory compliance, risk management, and fraud detection. By documenting every step, companies can quickly identify discrepancies or issues that need addressing.

For example, if a company wants to ensure that a supplier has met all required standards over a period, an audit trail provides the evidence needed for verification.

Relatico allows users to create and maintain an audit trail of all supplier communications, ensuring that all actions are properly documented and traceable.

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