The newish separate tab to update Vendor bank details is great, as you can restrict access to a small group of finance people to update them. This is very important to prevent fraud, eg an AP clerk changing the vendor bank details to their own bank details. This would be even better if there was a second level of approval, i.e. one person entered the bank details, and another had to review and acknowledge them.

by: Judd S. | over a year ago | 1 Financial Management