Does Paying From Vendor Statements Ever Make Sense?

As a general rule, most AP department managers will say, “Never pay from a vendor statement.” Al Barrett, Shared Services Manager at Briggs & Stratton Corporation, is no exception. “Paying from a statement is, in most cases, not advisable.” “First, the invoice validity review and two-way and three-way matching process will fail,” he explains. “Second, your posting will be missing related support such as the service/delivery date or packing slip. Third, your system duplicate invoice test would…