Vendor Master File

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

When the vendor master file is not properly purged and maintained, accounts payable departments can experience vendor data-entry errors such as incorrect billing addresses, according to Iquo

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