Maintaining the Vendor Master File

The challenge of maintaining the vendor master file is apparently an issue that crosses all borders. Jakub Pavlik, Cash & Bank Administrator, JNJ Global Business Services in Prague 5, Czech Republic, says that maintaining the vendor master file is one of his AP department’s biggest challenges. “As any finance professional knows, when the vendor master file is not properly purged and maintained, there is a high likelihood of fraud or duplication,” says Pavlik. “That holds true here in the Czech…