Shield Your Business from OFAC Fines & Payment Fraud: How Robust Supplier Data Can Ensure Compliance and Identify Risks

In the past four years, business operations have been significantly impacted by a myriad of disruptions: global pandemics increasing operational costs, geopolitical conflicts leading to swift sanctions, and a rise in Business Email Compromise (BEC) resulting in payment fraud. This evolving risk and compliance landscape has emphasized the importance of process improvement.

During this session, Matthew Morookian, Director of Product Marketing at apexanalytix, will discuss the pivotal role of vendor management in fortifying your business from doing business with a sanctioned entity, avoiding costly fines, and preventing fraudulent payments.

Join us to discover practical ways to:

• Ensure compliance with regulations such as those enforced by OFAC, FBI, UN and more
• Identify fraudulent activity currently happening in your supply base
• Prevent fraudulent bank account changes
• Continuously monitor suppliers for critical changes in their risk and compliance

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.

Matthew Morookian
Director of Marketing, apexanalytix   

As Director of Marketing at apexanalytix, Matthew Morookian leads the development of product messaging and content for apex’s solutions. Prior to apex, Matthew was responsible for client engagements and marketing for the IoT consulting firm 151 Advisors. He received his MBA at Baruch College.