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I help companies revitalize their Accounts Payable processes to protect against regulatory fines as well as implement protection for today's cybercriminals. I also teach management teams how to mitigate segregation of duties issues to prevent occupational fraud and other unnecessary expenditures.

 
 

Average of 50% Reduction in Vendors

Average 5% Duplicate Vendors Found

5 Day Vendor Master File Clean-Up

Anytime is the time of the year to clean-up your vendor master file. Reduce fines and penalties resulting from inaccurate Legal Name and Tax ID from IRS 1099 and 1042 forms and tax filing. Ensure all check payments and tax forms are not returned due to wrong address formats. Ensure your vendors are real.

Returned with Validation Results and Recommendations for System Updates:

  • IRS TIN Match w/Legal Name & Tax ID

  • Social Security Death Master File Check

  • OFAC/SDN List + 24 Other Validations

  • Duplicate Vendors Identified

  • Inactive Vendors Identified

  • Addresses Standardized

    Secure Data Transfer

    < 5,000 Vendors


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Prefer to Self-Implement? Click here to get the Toolkit.

Vendor Setup & Maintenance Process

Re-Design

Revitalize your Vendor Maintenance processes to protect your company against regulatory fines and prepare your team for today’s cybercriminals.  Implement authentication techniques, internal controls and best practices to prevent internal and external fraud and other unnecessary expenditures.

Authentication. Validation. Management.

  • Documented Desktop Procedures

  • Customized Processes

    • 5 Authentication Techniques

    • 12 Vendor Master Internal Controls

    • 13+ Vendor Master Best Practices

    • 8 Step Process for Vendor Clean Up

    • 5 Step Process for Mergers & Acquisitions

  • Customized Forms

    • Authentication Reference

    • Branded Vendor Banking Form

    • Branded Vendor Setup Form

    • Vendor Validation Reference List

  • eGuide - 3 Step Vendor Setup & Maintenance Process eGuide

  • Online or Onsite Team Training (Travel Expenses not included)


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Consulting Services

  • Vendor Setup & Maintenance Projects

  • Outsource Your Vendor Validation Services

  • Vendor Review/Advisement

  • Fraud Risk Managment

  • Team Training