Metrics / FactsTypes 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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