How Most Duplicate Payments Slip Past Conventional Controls
May, 2003
Look quickly at the invoice number following the arrow below and write it on a scrap of paper. Did you pick up the three alpha characters in the invoice number? The invoice number contains the capital letter S and O and small letter l. This simple example demonstrates just one of the reasons rekeying errors occur in accounts payable and why duplicate payments happen. In his excellent white paper, Are You Paying Your Bills Twice?
Simon Conroy of conroyautomation.com examined the issue of exactly how, even when there are good controls
in place, duplicate payments occur. He also offers solutions on how accounts payable professionals can avoid
the mistakes that lead to these erroneous payments.
2009
