WHITEPAPER: Don't Fall Victim to Fraud - Mitigate the Risks with AP Automation
3rd Sep 2020
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No matter the size of your business, or the industry you’re in, your company is always at risk of becoming a victim of fraud. As invoice processing controls and regulates how cash leaves the business on a routine basis, it is no wonder that fraudsters see the Accounts Payable process as an easy target.
From setting up new suppliers, raising purchase orders and approving invoices, the Accounts Payable workflow is ripe with fraud opportunities and without sufficient internal control measures in place, fraudsters can gain easy access to your company’s processes and information. However, you can mitigate the risk of fraud and protect your company by implementing certain procedures, such as the automation of your invoicing process.
This whitepaper will examine how these incidences of fraud occur, both internally and externally, and the measures your company can take to protect itself from fraudsters.
Kefron is also hosting a webinar on this topic on Wednesday the 16th of September. If you would like to join us for a brief 30 minutes webinar to learn how invoice automation can help mitigate the risk of invoice fraud in your business, click here to register.
Kefron provides a range of information management solutions including Document Scanning, Accounts Payable Automation and Electronic Document Management solutions. We work to the highest international standards and we are proud to hold four ISO certificates, including ISO 27001 for Information Security.