508.480.8990
HomeHomeHomeServicesServicesServicesWebinarsWebinarsWebinarsBlogsBlogsBlogsContact UsContact UsContact Us

Home » Blogs » My blog » July 2010

Purchase Orders and Duplicate Payments

Purchase orders are considered a good internal control mechanism, right?  Even introductory accounting and auditing classes teach the value of “two-way matches” and “three-way matches”.   Would it surprise you if I told you that 41% of all of the validated duplicate payments made by our clients were PO related?  I believe in the value of using purchase orders but think organizations place an over-reliance on the control they bring...  

Posted: 7/27/2010 2:56:42 PM by Global Administrator | with 0 comments


Get Blog Notifications


Syndication


RSS