Defeating fraud with internal controls for accounts payable involves implementing measures to prevent, detect, and mitigate fraudulent activities within the accounts payable process. Join this session to have an in depth conversation about vendor verification, the importance of segregation of duties, invoice approval workflow and much more. By implementing a combination of what we discuss, you can significantly reduce the risk of fraud in your accounts payable processes and safeguard your financial integrity.

Learning Objectives:

• How to identify before ever entering an invoice that the vendor itself is fraudulent.
• The importance of segregation of duties and dual authorization
• Learn best practices on setting up an approval workflow for invoices.