Creating Strong Internal Controls for the Master Vendor File: Live Webinar by ELI Financial

This live webinar will uncover common problems in existing master vendor file practices.
Eli Financial, a division of AudioSolutionz, will host the live webinar ?Master Vendor File Best Practices to Strengthen Controls and Prevent Fraud? with industry veteran Mary Schaeffer on Wednesday, April 26, 2017 at 1:00 pm ET. This session will address the growing need for stronger internal controls surrounding the master vendor file as well as increased data requirements.

Long neglected, the master vendor file is now the star of the show in corporate accounts payable practices. The emergence of new fraud controls, an increased attention to the importance of internal controls, new types of vendor portals, and heightened regulatory compliance requirements have all put master vendor file practices in the spotlight.

This session with expert speaker Mary Schaeffer will discuss recent events that have revealed weak links in many companies? accounts payable practices, as well as procedures for verifying change requests that need to be updated. She will also share her expertise on fraud-resistant master vendor files,?good master vendor file practices and proper TIN solicitation.

The session will help accountants, finance professionals, accounts payable professionals and small or medium business owners:

• Identify problems within an existing master vendor file practices


• Implement master vendor file best practices that will enable proper TIN solicitation


• Identify frauds that can be prevented through good master vendor file practices


• Make master vendor files fraud-resistant


• Identify and collect all data needed to run an efficient and regulatory-compliant AP function


• Address the segregation of duties issue correctly


• Delineate between the different types of portals and decide which is the best for an operation

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For more information and to register, visit: https://www.elifinancial.com/accounting/master-vendor-file-internal-control.

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About Eli Financial

Eli Financial is a division of AudioSolutionz, a leading source of knowledge and compliance training for professionals across multiple industries. Eli Financial is focused exclusively on delivering high-quality information, analysis and how-to strategies to finance professionals. Its products range from monthly newsletters and special reports to webinars and live conferences that provide intelligent strategic analysis along with practical guidance.

Company :-Eli Financial

User :- John Bartram

Email :-bartramjohn000@gmail.com

Phone :-800-223-8720

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Url :- http://bit.ly/2nEE0LT