Maybe you’ve thought about a 3rd Party Audit of your Accounts Payable; maybe it’s a future topic of discussion. Ask yourself these key questions. Have you changed your work model to remote work? If your business is one of many that found themselves partially or fully remote for any part of time last […]
Avoiding Financial Leakage During Mergers and Acquisitions During a recent Merger & Acquisition, we helped a client avoid importing over 10,000 duplicate vendors and identified an additional $100M in spend that qualified for their e-payables program. How? Jason Lipari explains how our analysts kept the client’s vendor file in focus to mitigate a high-risk M&A […]
Our lives are globalized. Everything we do in business or in life, really, is connected in some way to another part of the world. And if your organization is global, your audits should be global as well. Why are global audits on the rise? A few key factors have contributed to the rise of global […]
What is Dark Data? Dark data is data that is not part of your accounts payable or purchasing systems. We consider data to be dark when the source files are not utilized fully (or at all) to maximize opportunity and minimize risk. What are some examples of Dark Data? ERP data from multiple sources […]
You might think your ERP System is fail-proof, but could its controls actually be causing financial leakage? In this video, Pearsall Smith walks you through the areas of weakness to watch out for so that you don’t fall for a false sense of security. 1. 3-Way Match Systems Can Create Duplicate Vendors, Resulting in […]
This white paper, “The Ultimate Guide to Cleaning Your Vendor Master File,” is an extensive guide that will help you clean your VMF and keep it that way for good.