Category: Fraud Mitigation

5 Reasons CFOs Should Consider Accounts Payable Automation

Automation is one of today’s mega trends affecting workforces globally. As a finance leader, it’s important to understand what automation can mean for your department and bottom line. The accounts payable (AP) function in particular has traditionally been slow, manual, and paper-based. From entering and coding invoices to circulating documents for approval and paying vendors,…

How to Combat Payment Fraud with Accounts Payable Automation

This past August, accounts payable staff at MacEwan University in Edmonton made a simple change to vendor banking information that ended up costing the university $11.8 million. In June, an email was sent to MacEwan staff from what appeared to be a known vendor, Clark Builders, which had been working with MacEwan on various construction…

What’s The Risk: Keeping Fraud Mitigation Top Of Mind

Big company, small company, startup, family business — Fraud and theft is possible no matter how large or little your organization may be. Maybe you don’t think it will ever happen to you because you’ve never actually been a victim of it… But, have you ever thought to look for signs that something could be…