About Session
Fraud is no longer a question of if; it’s when. Accounts payable is one of the most vulnerable functions when it comes to internal and external fraud. From fake invoices to vendor impersonation, fraudsters exploit gaps in manual processes and weak internal controls. In this session, you’ll explore the most common AP fraud schemes, understand where traditional processes fall short and learn how automation and proactive controls can significantly reduce your risk. Whether you’re a finance leader or a process owner, you’ll leave with actionable strategies to better protect your organization.
Learning Objectives
- Identify common AP fraud schemes. Gain insight into the most frequent and damaging types of AP fraud and how they typically occur.
- Pinpoint weaknesses in traditional AP workflows. Understand how outdated processes and insufficient controls open the door to fraud.
- Explore strategies for preventing and detecting fraud. Learn best practices and technologies that can help build stronger defenses through automation, segregation of duties and real-time monitoring.