AP Fraud: How it Happens, How to Prevent it

There will always be people who will look for flaws or weaknesses in your processes that they can exploit. Fortunately, there is a lot that technology can do to help you prevent AP fraud. It doesn’t have to be high-tech hacking. Actually, fraud can happen by letter or over the phone and can even catch

Top 3 Barriers To Automating AP & Overcoming Them

No resources Not enough budget Lack of drive How many of these barriers to automating AP applies to your organisation? Accounts Payable managers are determined to change the way their team process their supplier invoices. Even with this desire for better processes, barriers to automating AP are often put in their way by senior management.

Is Artificial Intelligence Effective in Fighting Fraud?

In short, yes, Artificial Intelligence is effective in fighting fraud. It is already preventing a lot of fraud and is expected to dramatically decrease all cases of fraud in as little as 4 years. With changes in technology comes new ways for fraudsters to go about their work. Artificial intelligence (AI) may be the only

Risks Associated With Accounts Payable

Have you looked at a couple of key areas where fraud can be a risk, payment processing issues, and how to resolve these problems? It is time to gain from insights into how to avoid some of the associated risks when processing invoices and capitalise on the advantages of financial automation. Two types of fraud

Artificial Intelligence: A Modern Approach to Combat Fraud

Preventing fraud has never been an easy task… perhaps Artificial Intelligence (AI) is a modern approach to overcoming this age old problem. Not just for organisations but for individuals the possibilities are pretty incredible. We’ve all heard about AI and the wonders that the likes of Google and Tesla are creating with it. In the

Fraud Cases in Finance is Nothing New

Fraud through the ages Fraud in Finance is nothing new, it’s a serious crime that’s got severe punishments associated to it and it always has. Since the internet was created in the late 1980’s, and the news became readily available for everyone to see and now it seems that the fraud cases have become a