Creating a Payment Fraud Detection and Response Plan: Strategies for AP Leaders

The risk of payment fraud is at an all-time high. Fraud schemes are becoming increasingly sophisticated, making it imperative for organizations to stay vigilant. Accounts payable (AP) staff play a critical role in detecting and preventing payment fraud and safeguarding an organization's financial assets. This webinar will equip AP professionals with the knowledge and tools to create an effective payment fraud detection and response plan. Our speakers will discuss common fraud schemes, how to develop a fraud detection and response plan, strategies for training AP staff on how to detect and prevent fraud, and how invoice-to-pay automation helps mitigate payment fraud risk.

What you will learn:

• Prevalent types of payment fraud that target AP departments
• Essential components of a fraud detection and response plan
• Best practices for educating staff on detecting and preventing fraud
• How automating your invoice-to-pay process can mitigate fraud risk

Allen Gracey
EVP, Direct Sales and Marketing, Edenred Pay

Allen Gracey is the EVP of Direct Sales and Marketing at Edenred Pay. Allen has 20 years of proven expertise overseeing Sales Enablement, BDR, and Demand Gen functions, specifically in Payments and Financial Services. He has 15 years of hands-on experience in finance and accounting and has managed regional sales offices and teams.

Allen is committed to business development and growth. He’s led successful expansion initiatives, launched national marketing campaigns, and contributed to sales and revenue generation for corporate payment SaaS software and applications. His stellar strategic sales and marketing team leadership has earned him several sales awards throughout his career.

Allen, a CPA, holds an MBA from Auburn University and a BS in Accounting from Trevecca Nazarene University. He’s had several industry-specific conference speaking engagements, including AFP, CFMA, and IOFM. Allen’s upcoming session will provide strategies for automating the payment process and highlight the importance of reducing manual tasks.

In his free time, Allen enjoys golf, running, off-roading in his Jeep, and doting on his first grandchild.

Mark Brousseau
President, Brousseau & Associates 

Over the past 30 years, Mark Brousseau has established himself as a thought leader on accounts payable, accounts receivable, payments and document automation.   A popular speaker at industry conferences and on webinars and podcasts, Brousseau advises prominent end-users and solutions and services providers on how to use automation to improve document- and payments-driven business processes.  Brousseau has chaired numerous educational conferences and has served on several industry committees and boards.  He resides in Center City Philadelphia with his wife and three sons.