When vendors change their banking, in addition to fraud, you also have to wonder what the reason for the change is. The reason, many times, may be discovered only if you require the W-9 be submitted for changes to vendor banking.

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 my new 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:

• Free Authentication Training: 3 Step Vendor Setup & Maintenance Process Workshop https://bit.ly/3r3ZDr5
• Free Live and On-Demand Webinars: https://debrarrichardson.com/webinars
• Vendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download (Get 25% Discount on the Global Vendor Registration Numbers)
• Vendor Process Training Center: https://training.debrarrichardson.com
• 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