Episode 221: 5 Steps To ReDesign Your Vendor Process to Avoid Payment Fraud

Putting the AP in hAPpy

English - January 19, 2023 11:00 - 31 minutes - 21.4 MB - ★★★★★ - 7 ratings
Arts Business Careers accounts payable vendor setup accounting fraud phishing supplier setup supplier onboarding vendor onboarding debra r richardson debra richardson Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Episode 220: Two Tips to Prevent Business Email Compromise (BEC) From The Real Estate Industry

Next Episode: Episode 222: Didn’t Get a Chance to Clean Your VMF? Do These 3 Steps Before Distributing and Filing 1099-MISC/NECs to Avoid IRS Penalties

Ok – so I think what is going on now. The payment fraud that happened during the rush of year-end is starting to be found. I get the calls or emails – but the problem is – there is no tip or set of tips I can say on a phone call or in an email that will fix the problem – because the problem is bigger than that. So, on today’s episode is what I think every vendor team needs to do to prevent payment fraud.

Keep listening.

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, regulatory fines or bad vendor data.

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Links mentioned in the podcast:

Webinar: 20 Tips in 20 Minutes: How Vendor Teams Can Avoid Business Email Compromise in 2023Webinar: How Vendor Teams Can Avoid Check Payment Fraud in 2023Webinar: The Evolution of Card and Payment TechnologiesVendor Process ReDesign: Consulting 2-Week ProjectVendor Setup Forms/Templates: Vendor Toolkit Vendor Process Training Center: Vendor Process Training Sessions – Live Online and On Demand. New Live Training Every Wednesday and Thursday. Vendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanupYouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw Prevent Fraudulent Payments. Get Your Own Copy of the 3 Step Vendor Setup and Maintenance Process eGuide. (Includes Authentication Reference Template and Vendor Validation Reference List)More Podcasts/Blogs/Webinars www.debrarrichardson.comMore ideas? Email me at [email protected] Music Credit: www.purple-planet.com