Which aspect of vendor management involves stopping payments in GFEBS?

In vendor management within the context of GFEBS (General Fund Enterprise Business System), the aspect that involves stopping payments is vendor suspension. This process occurs when a vendor’s ability to receive payments is temporarily halted, typically due to non-compliance issues, performance concerns, or other violations of contractual obligations.

By suspending a vendor, the organization can halt all financial transactions until the issues leading to the suspension are resolved. This serves as a mechanism to protect the organization's interests and ensures that funds are not disbursed to vendors who may not be meeting their obligations or who are under investigation.

The other activities, while important in the overall vendor management lifecycle, do not directly involve stopping payments. Vendor performance review focuses on evaluating a vendor’s past performance and making decisions based on quality and service delivery. Vendor onboarding is the process of integrating a new vendor into the system for future transactions and interactions. Vendor reassessment typically refers to re-evaluating the vendor's standings and capabilities but does not imply immediate cessation of payments without going through the formal suspension process.