Julie-Anne White isn't going to argue that having a clean vendor master file is more important to a company than generating sales and growing revenue. (Because it isn't.)
But that doesn't mean the financial industry veteran thinks companies should penny pinch by failing to devote resources to vendor management. (Because they shouldn't.)
We interviewed Julie-Anne on the importance of accurate vendor information for our Risky Business podcast. You can listen to the entire interview here.
Cyber criminals stole more than $28 billion through email fraud from 2016-2020, according to the FBI. Let that sink in.
Matt Klein, National Fidelity Product Leader at Willis Towers Watson, joined us for the 3rd installment of our podcast: PaymentWorks Presents Risky Business. Below is an edited excerpt from that conversation. You can listen to the full podcast here.
Ed note: if you have even a passing interest in protecting your organization from payments fraud, we highly recommend you give this podcast a listen.
Compliance is not anyone’s favorite word. The angst and tension many procurement and AP staff work with on the daily is only exacerbated by the worry of accidentally violating terms of compliance. There are the considerations of the external world, such as the OFAC and debarment lists that haunt payments professionals (hello giant federal fine!), but there is also the world of internal compliance- much of it shifting with stunning regularity.
Mapping the landscape of insurance that businesses require to secure their property, assets, and employees is a massive and complex task. Policies are simultaneously hyper-specific and unintelligible; counsel and executives alike can find the paperwork confusing or obtuse.