5 tips for a clean (and fraud-free!) vendor master file

Posted by Angela Sarno on Jul 27, 2021 9:42:00 AM

Check out this helpful article featured in University Business and written by our valued customer, Lisa Doherty, procurement analyst with Texas State University. 

As industry statistics continue to rise around the threat of business payment fraud, Lisa shares best practices for a better vendor management process to mitigate these mounting risks -  targeted more often than not at AP and procurement departments. Lisa-LinkedIn (1)

As a one-woman shop with 30,000 vendor relationships to manage, Lisa is well versed in the challenges associated with managing the constant flux of information while balancing internal expectations efficiently.  Relying our business identity platform to automate a manual and often error prone vendor management process as well as executing her own daily tasks, Lisa is confident in the accuracy and reliability of vendor information, critical to safeguarding her organization from fraudulent behavior. 

Check out the full article, “5 tips for a clean (and fraud-free!) vendor master file,” HERE and let us know your tips for better vendor management!

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Topics: Insider, higher education, vendor master, risk

 

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The Business Identity Platform that automates complex payee management processes to:

  • Eliminate the risk of business payments fraud  
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  • Ensure compliance

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