Under Attack: How AP Leaders Can Outpace Cybercriminals & Payment Fraud
Cybercriminals aren’t slowing down – and accounts payable is one of their favorite targets. The FBI reports that payment fraud attempts cost businesses billions of dollars each year, and schemes are growing more sophisticated by the day. Whether it’s a phony supplier onboarding request, a fraudulent invoice, or a bank account switch scam, fraudsters are working overtime to exploit the weakest link in your financial processes. The bad news: traditional AP practices leave too many gaps. The good news: the right strategies and tools can harden your defenses and reduce risk.
This webinar explores the newest payment fraud schemes, show how attackers exploit common AP vulnerabilities, and offer proven best practices to stop them in their tracks. Attendees will also see how automation can give AP teams an edge by providing the safeguards, visibility, and controls needed to stay ahead of fraudsters – without slowing down invoice-to-pay operations.
What you'll learn:
⚠️ The newest payment fraud schemes threatening AP teams today
📃How outdated onboarding, invoice, and payment processes open the door to fraud
✅ Actionable best practices for fraud prevention, detection, and response
💪 How automation strengthens defenses with built-in controls and real-time visibility
🔏 An action plan to protect your AP department and safeguard your organization’s bottom line
