If you’re looking for a low-cost vendor validation step to deter fraud – I have one for you in today’s episode.

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Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• Article: How to Vet Suppliers and Avoid Fake Vendor Scams https://www.bitdefender.com/en-gb/blog/hotforsecurity/how-to-vet-suppliers-and-avoid-fake-vendor-scams
• Customized Vendor Validations Session: https://debrarrichardson.com/vendor-validation-session
• Vendor Process Training Center - https://training.debrarrichardson.com
• Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
• Free Live and On-Demand Webinars: https://training.debrarrichardson.com/webinars
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at debra@debrarrichardson.com
• Music Credit: www.purple-planet.com

Validating vendor information and checking that they are not on any applicable sanction lists is a part of your vendor on-boarding process, but what about after the on-boarding process? Today’s episode is a webinar that not only has a five-step process for recurring vendor validations, but lots of five downloads to help you get started.

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Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• On-Demand Webinar: Recurring Vendor Validations: Ensure Post-Onboarding Compliance https://training.debrarrichardson.com/course/september2024
• Free Download: Vendor Validation Reference List with Resource Links https://debrarrichardson.com/vendor-validation-download
• Customized Vendor Validations Session: https://debrarrichardson.com/vendor-validation-session
• Vendor Process Training Center - https://training.debrarrichardson.com
• Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
• Free Live and On-Demand Webinars: https://training.debrarrichardson.com/webinars
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at debra@debrarrichardson.com
• Music Credit: www.purple-planet.com

A vendor in your vendor master file is inactive – and for good reason, because the last time your company paid that vendor was four years ago. Now your company wants to use that vendor again – don’t just change the status that can lead to failed payments and bad vendor data. Why and what should you do instead? `

Keep listening.

Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• Training Session: Build a Substitute W-9 Form to Combine Your Vendor Setup Form and IRS Form W-9 https://training.debrarrichardson.com/course/substitute-irs-w9
• Training Session: Build a Substitute W-8BEN and W-8BEN-E Form
• Free On-Demand Webinar: 8 Steps to Clean Your Vendor Master File https://training.debrarrichardson.com/course/cleanup
• Free Download: Vendor Validation Reference List with Resource Links https://debrarrichardson.com/vendor-validation-download
• Customized Vendor Validations Session: https://debrarrichardson.com/vendor-validation-session
• Vendor Process Training Center - https://training.debrarrichardson.com
• Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
• Free Live and On-Demand Webinars: https://training.debrarrichardson.com/webinars
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at debra@debrarrichardson.com
• Music Credit: www.purple-planet.com

Did you know that the IRS has working group meetings for the Information Returns Intake System (IRIS)? To find out three things I learned when I attended, what the IRS says FIRE users should do now and how you can attend the next one..

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Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• YouTube Video: Demo of the IRS e-News Subscriptions
• IRS: IRIS working group meetings and notes
• Customized Vendor Validations Session: https://debrarrichardson.com/vendor-validation-session
• Vendor Process Training Center - https://training.debrarrichardson.com
• Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
• Free Live and On-Demand Webinars: https://training.debrarrichardson.com/webinars
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at debra@debrarrichardson.com
• Music Credit: www.purple-planet.com

If a co-worker or colleague contacted you on social media – how do you tell if it’s them or not?

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Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• Free Authentication Training: 3 Step Vendor Setup & Maintenance Process Workshop
• Bloomberg Article: ‘I Need to Identify You’: How One Question Saved Ferrari From a Deepfake Scam
• Customized Vendor Validations Session: https://debrarrichardson.com/vendor-validation-session
• Vendor Process Training Center - https://training.debrarrichardson.com
• Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
• Free Live and On-Demand Webinars: https://training.debrarrichardson.com/webinars
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at debra@debrarrichardson.com
• Music Credit: www.purple-planet.com

Check fraud is increasing, they take longer to settle, and they cost more in supplies and manpower. All great reasons to convert your check payment vendors to ACH payment. But don’t use that as a way to clean your vendor master file, that task needs to be done first. Here are five do’s and one big don’t that you need to think about before you get started.

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Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• Digital Product: Vendor Banking Form Template
• On-Demand Webinar: 8 Steps to Clean Your Vendor Master File
• Customized Vendor Validations Session: https://debrarrichardson.com/vendor-validation-session
• Vendor Process Training Center - https://training.debrarrichardson.com
• Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
• Free Live and On-Demand Webinars: https://training.debrarrichardson.com/webinars
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at debra@debrarrichardson.com
• Music Credit: www.purple-planet.com

Are you performing security audits, so you know who has access to your systems? Listen to today’s episode to for 4 scenarios when employees or contractors used their system access for fraudulent purposes. Then see how you can get a 5-step plan to perform a system audit.

Keep listening.

Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• Webinars:
  • A Security Audit to Protect Vendor Data and Avoid Fraud
  • Prevent Payments to Internal Fraudsters - Stopping Bad Actors in Your Organization
• Collusion Cases
  • TD Bank Employee's Bribery Scheme: A $37,000 Fraud That Cost the Bank $72,000
  • Postal Service says many checks stolen through the mail are done by its own employees
  • Brazilian police arrest IT worker over $100 million cyber theft
  • Former Banker Arrested for Allegedly Obtaining $2.7 Million in COVID Business-Relief Funds Using Stolen IDs of Disabled Persons
• Vendor Process Training Center - https://training.debrarrichardson.com
• Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at debra@debrarrichardson.com
• Music Credit: www.purple-planet.com

After last week’s episode revealing an IRS announcement, once the big, beautiful tax bill was passed there is at least more tax reporting change for Tax Year 2026 that can reduce a huge burden, but there is one more factor to keep in mind.

Keep listening.

Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out the Vendor Process Training Center for 116+ hours of weekly live and on-demand training for the Vendor team.

Links mentioned in the podcast + other helpful resources:

• Vendor Master File Tip of the Week - IRS 1099-MISC/NEC and 1042-S 2026 Due Dates For TY 2025
• Journal of Accountancy - Tax provisions in the One Big Beautiful Bill Act
• Journal of Accountancy – IRS Staffing, Budget Cuts Threaten 2026 Filing Season, Taxpayer Advocate Says
• Taxes For Expats – One Big Beautiful Bill – and What it Means for Your Business
• Vendor Process Training Center > Resource Library for State Research https://training.debrarrichardson.com/resources
• Customized Vendor Validations Session: https://debrarrichardson.com/vendor-validation-session
• Vendor Process Training Center - https://training.debrarrichardson.com
• Customized Fraud Training: https://training.debrarrichardson.com/customized-fraud-training
• Free Live and On-Demand Webinars: https://training.debrarrichardson.com/webinars
• Vendor Master File Clean-Up: https://www.debrarrichardson.com/cleanup
• YouTube Channel: https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw
• More Podcasts/Blogs/Webinars www.debrarrichardson.com
• More ideas? Email me at debra@debrarrichardson.com
• Music Credit: www.purple-planet.com