Today in the enterprise world thousands of transactions occur every day. In these thousands of transactions, it is easy for someone committing fraud to hide illegitimate transactions in the Accounts Payable area, where most of the organization’s money gets through. Some of the typical methods used by frauds to manipulate accounts payable transactions and key…
Author: smartphonebiz
Supplier Portal Vs Supplier Assistant BOT
What is ‘Supplier Portal’? Also known as a vendor portal, it is normally a web-based solution provided by the buyer organization to connect with third party suppliers of goods and/or services. It allows the vendor to perform self-service transactions like submit invoices, track payments, order updates, etc. Normally in a buyer organization, 90% of purchases happen from around…
