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Master Vendor File Management Best Practices
Course Description:
Managing your master vendor file can seem like a daunting and mundane clerical task. But a dirty master vendor file can put you and your company at risk. In fact, inaccurate and unnecessary data can lead to:
- Missed volume rebates — multiple vendor records makes it more difficult to identify blocks of purchases that qualify for volume rebates
- Missed cash discounts — duplicate vendor data increases the chance of some records having inaccurate or missing cash discount terms
- Duplicate payments — outdated or extraneous vendor records increase the risk of payments being sent to a wrong address or wrong supplier
- Fraudulent payments — with a large volume of unnecessary vendor data, fraudulent vendor records become more difficult to spot
- Compliance violations — SOX and OFAC compliance is at risk when your vendor file contains inaccurate records
Don’t fall victim to these risks! Join CCM in this step-by-step audio program to learn how you can correct, clean and maintain your master vendor file. Plus, in just 75 minutes you’ll discover how to:
- Implement key internal controls to prevent errors and fraud
- Apply fraud detection techniques you can use today
- Ensure your data is not in violation of laws and regulations
- Reduce or even eliminate duplicate payments
- Effectively and efficiently purge the master vendor file
- Leverage your data to capture rebates and discounts
- Execute best practices for ongoing file maintenance
- Determine who should—and should not—have access to your master vendor file
FEATURED FACULTY:
Rich Lanza (CPA /CITP, CFE, PMP) President of Cash Recovery Partners, LLC
Rich helps companies identify their hidden financial assets, mostly using technology and referring them to specialists. He has a decade and a half of experience in audit technology and recovery auditing, becoming a leading authority in these areas. His free website, www.findmillions.net, helps companies to identify cost recovery and prospective savings in all areas of their business.
MONEY-BACK GUARANTEE:
We're so confident
you'll get what you want out of this conference that
we'll refund every penny if you're not completely
satisfied. No questions asked! It's 100% risk-free!

Pricing:
Item |
CCM Preferred Customer Price |
| CD & Materials |
$269.00 |
Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.
APPROVED FOR RECERTIFICATION CREDIT:

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