How AP Automation Can Mitigate Risk and Prevent Fraud

On-demand Webinar | Free

This webinar will explore how today’s leading automation solutions can help to reduce risk and prevent fraud within the AP process. We’ll identify the risks that can be inherent within manual AP processes. We’ll learn how fraud can be perpetrated due to manual invoices, check payments, lack of electronic self-audits, ERP interfaces and lack of focus on controls. Next, we’ll identify how each automation solution can mitigate AP risk and help to prevent a possible fraud.

Benefits of Attending:

• Gain an understanding of the leading AP automation solutions available today and learn how these solutions can positively impact the AP process.
• Learn about the common “red flags” of risk within a manual AP process.
• Learn how AP automation solutions can enhance the AP process to mitigate risk and prevent fraud.

Chris Doxey
Senior Trainer and Consultant, IOFM

Chris has held senior finance, internal controls, and controller positions at Digital Equipment Corporation, Compaq Computer Corporation, and Hewlett Packard. As a result of her background in internal controls, she was recruited to implement the SOX 404 requirements at MCI (Formally WorldCom). She was the Vice President of Account Management at APEX Analytix and currently holds the position of Vice President of Business Development at Business Strategy, Inc. Besides internal controls, Chris has an extensive background in accounts payable, procurement, payroll, logistics, project management, and financial process and system integration.

She holds a B.A. in English, a B.S. in Accounting, an M.B.A., and a Graduate Certificate in Project Management. She is a Certified Accounts Payable Professional (CAPP) and holds a Certification in Controls Self-Assessment (CCSA) and is a Certified Internal Controls Auditor (CICA). She has been a member of the International Accounts Payable Professional (IAPP) organization for 10 years and is chairperson of the Education Committee, president of the DC, MD, and NOVA Chapter, and is a member of the Strategic Advisory Council. She writes an internal controls column in the AP Matters magazine, is a regular contributor to the White Collar Crime Fighter Newsletter, and New Perspectives published by the Institute of Healthcare Internal Auditors (AHIA). She is also a member of the IIA, IHIA, ISM, and ACFE.

Richard Waugh
VP Corporate Development, Zycus

Richard has an extensive background in B2B E-Commerce. He helped launch GE’s Trading Process Network (TPN), the first on-line Marketplace for Sourcing and Procurement. He was also Co-Founder of B2eMarkets, one of the first SaaS (Software as a Service) Sourcing Suite providers and later covered the Supply Management market as an Industry Analyst for the Aberdeen Group.

Continuing Education Credits available:

Receive 1 CEU toward APM, APS, or P2P recertification! The Accounts Payable Certification and Procure-to-Pay Certification Programs are designed to establish standards for the profession and recognize Accounts Payable and Procure-to-Pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Payable and Procure-to-Pay bodies of knowledge.

This webinar is provided free of charge and underwritten by a sponsor. Following the webinar, you may be contacted by the sponsor with information about their products and services.