Canadian vendor master process and bank regulations

October 9, 2019

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Q. My U.S. organization recently took over the accounting and finance operations for a Canadian acquisition, and it is causing challenges from a vendor master perspective. I am seeking information on the Canadian vendor master process and bank rules/regulations. A.  (Provided by the president of the Canadian IOFM Chapter) I’m not entirely sure how Canadian vendor master data vs. US vendor master data truly differs. We manage data for entities in both countries and treat it very similarly. In my…

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