Episode 38: Get Your Vendor Setup & Maintenance Desktop Procedures in Order

Based on my experience as an AP Manager for both medium and large sized companies, I know firsthand that creating and updating desktop procedures can be a very tedious process.  The benefits though, which include increased adoption of fraud prevention processes, do outweigh the drawbacks.

Stick around until the end for bonus content on how creating or updating your desktop procedures can help reduce the potential for fraud.  And talk about how to get a New Vendor Add Desktop Procedure Template to get you and your team started.  Stick around until the end for bonus content on how creating or updating your desktop procedures can help reduce the potential for fraud. 

 

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. 

 Subscribe today to be entered in the subscriber-only monthly drawing to win a free Putting the AP in hAPpy Coffee Mug. 

 Links mentioned in the podcast:  

  • AUTHENTICATION. VALIDATION. MANAGEMENT. TM eGuide or Toolkit

  • Blog Post “Get Your Vendor Setup & Maintenance Desktop Procedures in Order

  • Click here to learn more about the Ready to Customize Munis Desktop Procedures

  • Click here to subscribe and Download a New Vendor Add Desktop Procedure Template. Includes steps for TinCheck.com, SAM Exclusion List, and the Federal Reserve to validate Bank routing numbers!

  • More ideas?  Email me at debra@debrarrichardson.com

 

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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.