Putting the AP in hAPpy

Episode 274: Here is What To Do When Your Vendor’s Policy is Not to Confirm Banking Via Phone

Debra R Richardson Episode 274

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.  

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