Check Security: Thresholds and Signing Practices

Although research shows that the number of organizations that use check payments is decreasing, many organizations are still relying heavily on these paper remittances. With check fraud still the most common form of AP-related fraud, organizations need to implement a solid set of security measures to make sure every check that’s issued is actually for an approved purchase. A recent AP & P2P Network survey of more than 300 organizations of all sizes and industries lends insight into how…