William
E. Sheridan, III - VP Operations
You
have questions. We have answers. Bill
Sheridan has over twenty-five years of experience
in complex financial environments. Today, as Profit
Solutions Network's VP of Operations, he has hands
on experience in the systems and processes that are
effective in preventing and detecting errors in the
procure-to-pay cycle. He has experience with Oracle,
SAP, JD Edwards and virtually all large ERP systems.
You can e-mail Bill if you would like to ask a question
on how to prevent errors and streamline processes
in your procure-to-pay cycle.
Previously
Asked Questions
How
do most duplicate payments occur?
Although
the types of duplicate payments vary greatly among
firms, there are several common elements involved.
- Payments
made from faxed invoices increase the chance of
duplicate payments. Often, the invoice number
is not clear and clerical errors occur in the
input stage. Therefore, the same invoice can be
paid twice, using two different numbers.
