Loading...
 
 
 
 
 
 

IT ASSET/CONTRACT/VENDOR MANAGEMENT: INVOICE VERIFICATION GUIDELINES

Published: 28 Jan 2011 Average Rating: unrated Print
 

Typical three-way reconciliation for invoices (invoice, PO, receipt) is inadequate in verifying that IT assets are:
 - Installed and compliant
 - In use and compliant
 - Providing value commensurate with the invoice amount, as well as past/expected amounts (total costs)
 - Providing value that meets or exceeds projections in the business case



This content is only available to paid members.

Register Now or sign in
 

Related Discussions

Please sign in or register to post on this forum

 

APM Group
2014-09-14 13:08:25

Recent UK Legal chnages

I was told recently about a change to UK Law affecting contracts and the length of time and the quantity of evidence that had to be retained as a result. Please can s...
 
 
 
Replies: 2

Nexen Petroleum USA Inc. (US Division...
2015-03-20 14:36:59

Cost Reductions and Risk Management in Low Commodity Price Environment

In January 2015 Wood Mackenzie published an article that noted "As long as operators can move to the core areas of plays and sub-play breakevens continue to fall ...
 
 
Replies: 1
Anonymous
2015-03-17 10:24:32

Financial Risk Services

Who are some alternatives to D&B and Rapid Rating you have used? I appreciate your thoughts.
 
 
 
Replies: 2
Anonymous
2015-03-15 01:52:03

Coupa or Ariba

Hi, Which one is better for a Public Sector organization? Can any of these handle Contract Management? Thanks,
 
 
Replies: 1

IACCM
2015-02-11 04:11:21

Should the diversity of a supplier's board of directors be included in Procurement's selection processes?

Shall we applaud Alan Day? In his blog "Women on boards and how the humble procurement department can help" (http://www.stateofflux.co.uk/ideas-insights/blog...
 
 
 
 
Replies: 3
Anonymous
2015-01-26 22:03:02

To categorize vendors by procurement nature

I am working on categorizing vendors by different procurement natures. 1. Service related; ( 1.1 staff-related service, 1.2. non-staff related service) 2. Asset relat...
 
 
 
 
 
Replies: 4

Dockwise
2014-11-25 09:06:55

Contract transfer process

I am working in both tenders and projects in execution as a contract engineer. In our company the contract transfer process is not yet structured, contract transfer f...
 
 
 
 
Replies: 3

Petrofac E&C
2014-11-04 07:15:08

Challenges to the O&G industry with oil prices going down

There is a lot of debate today on oil prices going down and where it will stabilise. Our commnunity need to understand the risks and how to deal with it as members of ...
 
 
 
 
 
 
Older entries »
Replies: 5