Putting the AP in hAPpy

Episode 83: Are Your Vendor Processes Manual? Here Are Automated Options for Authenticating Vendor Bank Change Requests

May 14, 2020 Debra R Richardson Episode 83
Putting the AP in hAPpy
Episode 83: Are Your Vendor Processes Manual? Here Are Automated Options for Authenticating Vendor Bank Change Requests
Show Notes

I know that due to recent events many of you are putting in extra effort to convert check payment vendors to ACH/EFT.  Well, Cybercriminals also know and are taking advantage.  Think.Digital Partners have reported that hackers attacked the world’s businesses 22 million times between April 13th and April 19th. This episode I talk about ways you can automate authentication to avoid fraud when you are using a manual process to update your vendor bank details.  What do I mean by that?

Keep listening.

Check out my website www.debrarrichardson.com if you need help cleaning your vendor master file or implementing authentication techniques, internal controls and best practices to prevent fraudulent payments. 

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Music Credit:  www.purple-planet.com