Metrics / Facts

Types Of Payment Errors

Some of the more common types are:

• Payments made multiple times to the same supplier
• Payments made to a wrong supplier
• Failure to consistently collect discounts or allowances due
• Failure to post and process supplier-issued credit memos
• Inconsistent item costs for frequently purchased items
• Un-reconciled advances or deposits
• Unauthorized charges added to supplier invoices
• Inaccurate or delayed implementation of supplier terms changes

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