• Episode 327: Do You Need to Collect A Voided Check Or Banking on Letterhead With Vendor Banking?

  • Feb 27 2025
  • Durée: 14 min
  • Podcast

Episode 327: Do You Need to Collect A Voided Check Or Banking on Letterhead With Vendor Banking?

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  • Résumé

  • I still run into vendor teams that collect vendor banking information on voided checks or letterhead. Is that still a best practice and if not, what else should be done?

    Keep listening.

    Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

    Links mentioned in the podcast + other helpful resources:

    • Vendor Master File Tip of the Week > Bad Practices When Changing Vendor’s Banking: https://youtu.be/0tNFDyvOhzg
    • Vendor Process Training Center - https://training.debrarrichardson.com
    • Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
    • Free Live and On-Demand Webinars: https://training.debrarrichardson.com/webinars
    • Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
    • YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
    • More Podcasts/Blogs/Webinars www.debrarrichardson.com
    • More ideas? Email me at debra@debrarrichardson.com
    • Music Credit: www.purple-planet.com
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