Vendor Master File

Self-service portals have become popular with accounts payable departments looking to cut down on vendor payment inquiries. A self-service portal allows vendors to log in remotely and check their

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For AP professionals, good, clean data is critical to maintaining an accurate master vendor file. And since ongoing maintenance of the master vendor file is critical, AP has an important role to play… Read More

How well do you really know your vendors? Considering that the success of your business hinges on the success of theirs, most organizations could stand to know their suppliers a little… Read More

Not only can the master vendor file add tremendous value, it can be the source of tremendous difficulties and significant losses as well. A poorly maintained file—as many AP professionals have… Read More

In the more than ten years since their introduction, purchasing cards have grown tremendously in popularity among purchasing and AP departments. Employees have become very comfortable with using them… Read More

by Jon Casher - Vendor files are a more critical resource than most companies realize. Vendor file cleansing can be the most costly, time consuming and frustrating step of vendor file management.… Read More

It's almost impossible to keep track of your vendors, let alone how much business you're doing with them or where they are located. Mergers, acquisitions, divestitures and name changes are happening… Read More

Anyone familiar with the U.S. postal system understands the importance of ZIP codes in making sure mail gets to the right destination. However, did you know that ZIP codes can also play a part in

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Each state's Secretary of State department maintains a database of public businesses that have acquired a business license within the state. Any entity seeking to verify a business can use the state

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Vendor Threatens Lawsuit - Penny L. Kenealy, accounts payable manager at Colorado Mountain College, recounts an incident that underscores the necessity for the proper vetting of vendors. "An irate… Read More