SUMMARY: A vendor portal for government contractors, also called a supplier portal, gives vendors one secure place to onboard, invoice and check payments. Contractors carry extra vendor risk because federal rules flow down to subcontractors, audits examine vendor...
SUMMARY: Vendor payment fraud prevention starts with one rule: no bank account change takes effect because of an email. Vendor bank-change fraud works by posing as a trusted vendor and asking AP to send future payments to a new account. Five controls close the easy...