Pain Point:
Duplicate payments drain cash and disrupt vendor relationships.
Solution:
Use a dedicated matching tool such as DupCheck Pro to automatically flag and block duplicate entries.
– Cost: ~$2,000/year
– Implementation Timeline: 4 weeks
Scrum Process:
- Backlog: Identify instances and sources of duplicate payments.
- Sprint 1 (1 week): Configure rules for duplicate detection.
- Sprint 2 (1 week): Integrate with existing AP systems.
- Sprint 3 (2 weeks): Test, deploy, and refine alert thresholds.
Outcome:
Minimized risk of duplicate payments, improved accuracy, and enhanced vendor trust.
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