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
Please complete the form to download.
Regardless of which ERP your team is using, traditional paper-based accounts payable processes being run through any ERP make it difficult for teams to focus on their core duties: managing accurate and timely closing, avoiding late payments, obtaining quick pay discount, and maintaining detailed transaction records.View Whitepaper
Software firms operating on a NetSuite ERP are on the way to removing inefficient tasks and its first step toward saving money, improving cash flow, and minimizing overhead.View Whitepaper