#AUDITDATALEADERS

If my supplier database was paper-based you’d think it had been through the tumble dryer

Is your supplier database such a confused mess that you have difficulty following up on your accounts payable outstanding balances?

How do you know if all of your suppliers are real?

It can be difficult to identify shell companies or fictitious suppliers in your database if it looks like it’s been through the tumble dryer followed by a shredder. If you have missing information, duplicated information, incorrect information, it is harder to spot the fake information from all the surrounding noise.

What if you had a dashboard that highlighted the % of suppliers in your database with different problems. You would then be able to set up a task force to get that database cleaned up, and also track their progress over time.

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