Should the number of staff making payments be limited?

April 30, 2021


Q. We have staff of four AP analysts. Should all of them do the payments on rotational basis or should the payment access be limited to only two (one primary and one backup) analysts? A. (Answered by the IOFM Advisory Panel) ----- I personally operate from a perspective that there should always be a backup to every role. If you are able to train for that, this just adds to the flexibility of your team. The “have one primary and one backup” rule depends on the size and scope of your team.…

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