Episode 274: Here is What To Do When Your Vendor’s Policy is Not to Confirm Banking Via Phone
Putting the AP in hAPpy
English - February 01, 2024 11:00 - 14 minutes - 10.1 MB - ★★★★★ - 7 ratingsArts 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
To mitigate fraud, many companies are taking steps to avoid potential fraud risks – including verifying banking details via phone. If that happens when you try to confirm your vendor’s bank change, what can you do?
Keep Listening.
Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out my new Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.
Links mentioned in the podcast + other helpful resources:
Authentication Training (Free Section): 3 Step Vendor Setup & Maintenance Process Workshop Vendor Process Training Center: https://training.debrarrichardson.comDebra R Richardson LLC: 20 Tips in 20 Minutes Webinars https://debrarrichardson.com/webinarsVendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download (Get 25% Discount on the Global Vendor Registration Numbers)Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanupYouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw More Podcasts/Blogs/Webinars www.debrarrichardson.comMore ideas? Email me at [email protected] Music Credit: www.purple-planet.com