Issuing vendor PINs for use when changing banking information

February 15, 2021

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Q. My Treasury Manager attended a webinar for her treasury certification and they mentioned giving vendors PINs to use when they have banking changes. Have you heard of that?  A. (Addressed by Debra Richardson, a third-party Vendor Master File Advisor, https://www.debrarrichardson.com. Debra's independent advisory services firm offers experienced and practical help to financial operations professionals on vendor master file issues.) Authenticating vendors that reach out via phone or email is…

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