Criminals are using common technologies to commit fraud, employing social engineering to fool AP staff into paying them. Fraudsters employ phishing, vishing, smishing and more in business email compromise to gain access to organizations’ cash. Forewarned is forearmed. Learn how to combat cyber-fraudsters.
Most companies have vendors to whom a payment will be made only once. When these payments flow through the Accounting System or ERP, Accounts Payable…
Fraud Prevention You receive a request to change remittance information from the vendor. Is that really the vendor? Combat business email compromise, deepfakes, and other…
There are nine essential steps involved in cleaning up a vendor master file. These steps include several actions that should occur at vendor onboarding but…
Are You Prepared? Aggressive Cybercriminals Are Sophisticated; Security, IT and Finance Teams Must Be Too People receive more than 120 emails at work per day…
How do you collect your vendors’ W-9 information? What about bank information for ACH payments? Here is an instruction that one organization includes on its ACH…
Are you required to change your password every quarter? Do you have to include special characters in your passwords? It is annoying but also easy…