Today, finance leaders have a tremendous opportunity to transform audit and risk management processes.  

To fully understand the source of cash leakage, fraud, and misuse, an organization’s AP audit process needs to go beyond sampling and manual attempts to monitor transactions across disparate source systems. Organizations should move from disjointed, laborious auditing processes toward automated, continuous monitoring and analysis that flags anomalies and initiates further investigation before payment occurs. 

ERP and AP Automation platforms are not effective audit controls. To successfully manage spend risk, you need a system with advanced technology that is purpose-built to monitor the gaps in your controls. 

Join our session to learn:

• How to implement advanced technologies and strategies to fortify audit controls and effectively mitigate financial risks.
• How to identify the limitations and risks associated with relying solely on ERP and AP Automation platforms for audit controls.
• How to enhance financial governance within organizations and improve regulatory compliance.