Step-by-Step Vendor Reconciliation Process for Finance Teams

Vendor reconciliation sounds like a skillful, but it’s really just making sure your company’s records line up with what your vendors say. If you skip this step, you risk overpaying, missing payments, or dealing with unhappy suppliers. When you get it right, though, everything just runs smoother. Here’s how finance pros usually handle vendor reconciliation: Step 1: Gather...

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