A best practice nearly half of A/P departments don’t employ
January 20, 2010 by Jared Bilski
Posted in: Benchmarking, Communication tips, Efficiency, In this week's e-newsletter, Latest news & views, Management issues, Technology
Despite the fact that inactive vendors can leave the door wide open for duplication and fraud, almost half (40%) of A/P departments don’t purge the master vendor file — ever.
Read the rest of this entry »
Tags: A/P departments, and Control Best Practices, Audit, Inactive vendors, IOMA, Master vendor file, Master Vendor File Maintenance, Purge
