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Rock Solid: How AP Automation Should Protect Your Payables Against Fraud
How Automation Protects Your Payables from Fraud
Not all automation providers are created equal — especially when it comes to a major issue like fraud protection. With the uptick in cases of AP fraud due to the pandemic, the need for help in this area has become even greater; your automation solution should be the first line of defense.
IOFM partnered with Bill.com to explore ways in which automation can do the heavy lifting to protect your company’s cash from bad actors, including:
- Verification of vendor banking changes
- Securely managing financial information
- Positive pay
- A vendor onboarding system
Compliance and security standards should also be managed by your automation solution provider.
Rather than leaving all that in the hands of AP staff, who are already experiencing burnout, download the white paper, “Rock Solid: How AP Automation Should Protect Your Payables Against Fraud,” to find out more.
Continuing Education Credits available:
Receive 1 CEU towards IOFM programs:
Receive 1 CEU towards maintaining any AP and P2P related program through IOFM! These 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 financial operations body of knowledge.
Continuing Education Credits available:
Receive 1 CEU towards IOFM programs:
Receive 1 CEU towards maintaining any AR and O2C related program through IOFM! These 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 financial operations body of knowledge.
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