Audio Conferences

  April 9, 2008 at 02:00PM ET

Your Master Vendor File is a key corporate asset that must be managed properly. Your challenge: the file is only as good as your internal controls.

Avoid serious problems—with duplicate payments, vendor fraud, Sarbanes-Oxley compliance, and more—by establishing or updating your written policies for handling your Master Vendor File. This interactive seminar will get you started.

Do you have a written policy regarding the handling of the file? Is access to the file limited? Do you run and review reports regularly regarding changes to the file? When was the last time that your master vendor file was purged?

Depending on your answers to these questions, you could face serious problems with duplicate payments, vendor fraud, or even a Sarbanes-Oxley audit.

Join IOMA for a practical look at this challenging issue. Renowned expert Jon Casher will take you from assessment to cleanup and analysis. You’ll learn where your company is spending its money and whether operations are at their most efficient. Case studies will highlight everything from SOX and OFAC compliance risk to proven solutions for mitigating procure-to-pay risks.

Don’t miss this chance to ensure your master vendor file practices are best in class!

Dial in and Learn:

• Laws and regulations where vendor data non-compliance has severe consequences
• Internal controls best practices for your master vendor files
• How to develop the most effective strategies for purging the master vendor file
• How to leverage vendor data to improve purchasing decisions and improve terms and cash flow
• Successful techniques to create a best practice policy for maintaining the master vendor file
• How duties related to the file should be segregated from other AP responsibilities
• How imaging technologies can be used to strengthen and streamline vendor master internal controls

FEATURED FACULTY

Jon Casher
President, Casher Associates and Lead Vendor File Consultant for IOMA

A founder of RECAP, Jon was the President of an information technology consulting firm responsible for the design and development of computer-based financial systems. (RECAP is a leading provider of financial operations consulting services. Clients include many of the world's largest and most respected organizations, including half of the top ten U.S. banks.)