An AP Strategy of Super Bowl Proportions
Here’s a nifty little tip that will certainly help accounts payable with its master vendor file headaches.
Before setting a new vendor up in your master vendor file, check not only to see if the name has already been entered, but check if any other vendor in the file has the same address or TIN. This step will only take an extra minute or two but could save your company a lot of money but preventing inadvertent duplicate payments.
It’s the little strategies like this that add up and could make you an AP Super Bowl winner.
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Tags: accounts payable, AP Super Bowl winner, master vendor file, super bowl, TIN, vendor