Simple Ways to Mitigate Fraud Risk in Accounts Payable
Businesses now face increasing fraud risk, creating significant challenges for accounts payable teams. Last year, 78% of businesses were negatively impacted by payments fraud and suffered from financial losses, reductions in efficiency, and damage to corporate brand image.
In this white paper, we’ll review:
- The major fraud risks businesses face today
- How traditional approaches to preventing fraud fall short
- Simple approaches that businesses can incorporate to effectively mitigate those risks
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