Restricting access to the approved supplier list can

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Restricting access to the approved supplier list can help reduce the risk of fraudulent disbursements by ensuring that only authorized vendors are used for purchases. It may cause some delays in purchase order approval, but this is a small inconvenience compared to the potential cost of fraud. Restricting access can also help eliminate the risk of duplicate payments by ensuring that only one vendor is used for a particular purchase. While it may not necessarily improve the efficiency of the expenditure cycle, the added security benefits make it a worthwhile measure.

Restricting Access to the Approved Supplier List Can