Debra R Richardson, LLC: https://www.debrarrichardson.com
Download your free Vendor Validation Reference List with Resource Links here: https://www.debrarrichardson.com/vendor-validation-download
Clean Your Vendor Data.
Clean Your Vendor Processes.
Pay the Right Vendor.
In today's reality of cyber-attacks and fraud, the vendor master file has become the target of cybercriminals through social engineering tactics including Business Email Compromise (BEC) scams to divert your vendors’ payments. This webinar will focus on adding Internal Controls and Best Practices to the vendor add and change process to eliminate fraudulent payments. To protect your vendor electronic payments, nsKnox will demo their automated solution to validate ownership for both Domestic and International vendor banking details to prevent cyber fraud attempts in real-time.
What You’ll Learn:
-Internal Controls for Adding New Vendors
-Internal Controls for Updating Existing Vendor Data
-Internal Controls for Maintaining Vendors the Vendor Master File
-How to automate Domestic and International vendor bank validations.
00:00 Welcome
01:14 Speaker Introductions
03:00 Agenda
03:30 Fraud in Accounts Payable
11:32 Controls for New Vendor Adds
17:42 Controls for Existing Vendor Changes
25:04 Controls for Vendor Record Maintenance
30:20 nsKnox Demo
58:45 Q&A
Connect/Follow Me on Social Media:
LinkedIn: www.linkedin.com/in/debrarrichardson
Facebook - https://www.facebook.com/puttingtheapinhappy/?view_public_for=367980857269034
Twitter - https://twitter.com/APinhAPpy
YouTube - https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
Website - http://www.debrarrichardson.com
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