
Duplicate Invoice Payments: The Hidden Profit Leak Draining Up to 2% of Your Vendor Spend
Duplicate payments siphon 0.8–2% of vendor spend. Sweep your AP history, recover overpayments fast, and lock in five controls.
#vendor-management
Strategies for selecting, managing, and optimizing vendor and supplier relationships for small businesses

Duplicate payments siphon 0.8–2% of vendor spend. Sweep your AP history, recover overpayments fast, and lock in five controls.

A vendor deposit is an asset, not an expense: book it to Advances to Suppliers, apply it to the final invoice, and deduct only when IRS timing rules allow.

The U.S. FCPA covers small exporters too: a foreign agent's bribe can be yours, grease payments rarely qualify, and clean books are your best defense.

Illinois FWPA: freelance deals of $500+ (aggregated over 120 days) need a written contract and payment within 30 days — or owe double damages plus fees.

Under the FTC Safeguards Rule, bookkeepers must keep a written security plan with MFA and encryption. Ask these 10 questions before granting access.

IRS TIN Matching is free and catches name/TIN mismatches before you file 1099s — each bad return can cost up to $340 plus 24% backup withholding.

Because you authorized the wire, US banks rarely refund APP fraud — $8.3B lost in 2024. Out-of-band vendor verification and dual approval stop it.

Illinois HB 3773 took effect January 1, 2026 and covers employers with one employee — give AI notice, drop zip-code proxies, run four-fifths bias tests.

US SaaS vendors face enterprise escrow demands. Self-service plans start near $139/month and traditional agents around $2,200 — negotiate release triggers and book setup, annual, and verification fees.

Most PEO brokers are paid by the PEO you pick, not by you — a commission that can vary by provider. Here are the compensation, network, and CPEO questions to ask before signing, and when going direct is faster.

A ready-to-copy payment-approval matrix for two-person finance teams — who creates, approves, releases, and reconciles each disbursement type, the dollar limits and escalation triggers to set, and the compensating controls that cover what two people cannot segregate.

Slotting fees run roughly $250–$1,000 per item per store in conventional grocery and $20,000–$100,000 per frozen SKU at large chains, and free fills, pay-to-stay charges and trade spend often double the real entry cost — here is how to model breakeven, negotiate the fee down, and book it correctly as a deduction against revenue rather than COGS.