Putting the AP in hAPpy
A weekly podcast providing fraud prevention and vendor setup training to protect the vendor master file. Immediate takeaways with actionable steps you can implement today into your vendor onboarding and maintenance process to reduce fraud and regulatory fines. Great tips for the Accounts Payable and Procurement teams to clean-up their vendor data, clean-up their vendor processes so that they can pay the right vendor.
Putting the AP in hAPpy
Episode 36: 25 KPIs for Accounts Payable Vendor Maintenance: Understand Your Vendor Master File
Identifying the correct Key Performance Indicators (KPIs) to measure can assist Accounts Payable in improving processes, identifying problem areas, and becoming more efficient. Well, I talk about 11 KPIs for AP Vendor Maintenance.
Stick around until the end where I will recommend 6 KPIs from Vendor Master File Data that your Procurement or Sourcing team may be interested in.
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:
- Read the Blog: https://www.debrarrichardson.com/blog/25-kpis-for-accounts-payable-vendor-maintenance-part-1-understand-your-vendor-master-file
- AUTHENTICATION. VALIDATION. MANAGEMENT. TM eGuide or Toolkit
- Blog Post “Need Help with ROI for a Vendor Portal?”
- Blog Post with KPIs Listed: https://www.debrarrichardson.com/blog/25-kpis-for-accounts-payable-vendor-maintenance-part-2-understand-your-vendor-request-activity
- More ideas? Email me at debra@debrarrichardson.com