Putting the AP in hAPpy

Episode 191: 3 of the Biggest Mistakes Vendor Teams Make


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I attended an Accounts Payable conference in May where I had a few sessions where I talked about the Vendor Process and how authentication techniques, internal controls and best practices can help vendor teams avoid fraud, regulatory fines, and best practices.  When I go – I talk to every and sometimes am still surprised at how many are still not doing some of the more well-known vendor process steps.  Today, I am going to talk about three….

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Check out my website www.debrarrichardson.com if you need help cleaning your vendor master file or implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments. 

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Links mentioned in the podcast:   

  • New Scam Alert Resources: 
    • Debra R Richardson New Scam Alerts
    • FBI Internet Crime Complaint Center Alerts
    • IRS Tax Scams/Consumer Alerts
  • Free Webinar > 5 Free Vendor Validations US Entities Should Be Doing: 
  • https://attendee.gotowebinar.com/register/3149084188732674062
  • YouTube Webinar:  8 Steps to Clean Your Vendor Master File When You're Doing It Manually: 
  • https://youtu.be/yvbww1cqgxw
  • YouTube Webinar:  Vendor Master File Clean-Up/Tools to Validate Vendor Data-Find Duplicates: https://www.youtube.com/watch?v=4Ck8tLQD1pY 
  • Vendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download
  • Essentials Training Series: IRS W-9, W-8, TINCheck.com and 3 Step Vendor Setup & Maintenance Workshop
  • Vendor Process Training Pass for weekly vendor process trainings, weekly Q&A sessions, and digital content
  • Vendor Master File Clean-Up:  https://www.debrarrichardson.com/cleanup
  • Free Vendor Process Risk Assessment > Schedule here:  https://calendly.com/debrarrichardson/vendor-process-risk-assessment
  • YouTube Channelhttps://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw 
  • Prevent Fraudulent Payments.  Get Your Own Copy of the3 Step Vendor Setup and Maintenance Process eGuide.
  • More Podcasts/Blogs/Webinars www.debrarrichardson.com
  • More ideas?  Email me at [email protected] 
  • Music Credit:  www.purple-planet.com

 

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Putting the AP in hAPpyBy Debra R Richardson

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