Identifying the correct Key Performance Indicators (KPIs) to measure can assist Accounts Payable in improving processes, identifying problem areas, and becoming more efficient. Well, I talk about 11 KPIs for AP Vendor Maintenance.
Stick around until the end where I will recommend 6 KPIs from Vendor Master File Data that your Procurement or Sourcing team may be interested in.
Check out my website www.debrarrichardson.com if you need help cleaning your vendor master file or implementing authentication, internal controls and best practices to it from fraud.
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Links mentioned in the podcast:
· Blog Post “Need Help with ROI for a Vendor Portal?”
· More ideas? Email me at email@example.com
#stayhappy #accountspayable #vendormasterfile #addressscrub
Music Credit: www.purple-planet.com
Debra R. Richardson,
MBA, APM, APPM, CPRS
Debra is an accounts payable speaker, consultant, and trainer with over 20 years of experience in AP, AR, general ledger, and financial reporting for Fortune 500 companies including Verizon, General Motors and Aramark.
For the past eight years, Debra has focused on Global Vendor Maintenance, and implemented a vendor self-registration portal for 140k+ global vendors across five Accounting Systems/ERPs. In her consultancy, she focuses on internal controls and authentication to prevent fraud in the vendor master file.