Is Your P2P at Risk for Fraud?
Six signs your company’s procure to pay is at risk and what you can do about it
Key Takeaways
⇨ How Audit Software Reduces Your Fraud Risk
⇨ Reducing Fraud Investigation Time
⇨ Flexible Deployment Models
The impact of fraud on today’s businesses and organizations is staggering. While there can be dozens of potential tip-offs that a fraud scheme may be underway, this whitepaper addresses six of the most common that you should definitely have on your radar screen.
To reduce costs and improve the thoroughness of fraud screening, many companies are turning to software-based tools that analyze all data—not just a sample. These systems are specifically designed to review your vendor and employee databases and invoice activity company-wide for high-risk characteristics—from vendors and employees who share the same mailing address to invoice or payment amounts that fail to match expected patterns.
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