Episode 144: Implement a 3 Step Process to Change Vendor Banking and Avoid Fraud

Putting the AP in hAPpy

If there was 3 step process to make sure you were communicating and receiving supporting documentation from your real vendor, then making sure that the information on that supporting documentation was accurate, and then once in your vendor master file having a final control in place to make sure it was requested by your vendor – would you use it? Well, here it is.

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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:

• Blog: Implement a 3 Step Process to Change Vendor Banking and Avoid Fraud
• Toolkit: Done for Your Vendor Setup Forms, Company Branded ACH Form, Vendor Communication Templates, and Desktop Procedures in the Toolkit.
• Get ready for that AP Automation project with the 5 Day Vendor Master File Clean-Up.
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• Vendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download
• Desktop Procedure Template: https://www.debrarrichardson.com/desktop-procedures
• Prevent Fraudulent Payments. Get Your Own Copy of the 3 Step Vendor Setup and Maintenance Process eGuide.
• More Podcasts/Blogs www.debrarrichardson.com
• More ideas? Email me at [e-mail]

Music Credit: www.purple-planet.com