Every company in every industry of every size is a target for payments fraud. COVID has taught companies of all sizes that manual processes create dangerous gaps in maintaining and strengthening robust financial controls. Emerging technology including AI has empowered fraudsters to become even more inventive, innovative, and even more determined. Companies need to understand current and emerging risk exposures created and amplified when AP and Treasury teams are functioning in an ever-evolving digital world.
Payments risk exposures arise from each person, process and internal and external systems involved in your P2P process. These risks also evolve as your company changes the way you do business and where your company does business. Payment risk management deserves to be a priority at any company.
Join us as we review the key results of leading payment fraud and controls surveys. Treasury expert Ernie Humphrey will share best practices that companies are leveraging to identify, mitigate and even eliminate payment risk exposures in any environment.