IOFM Spring Conference and Expo

May 19-21, 2024 |  Disney’s Yacht and Beach Club Resort  |  Lake Buena Vista, FL

Agenda Session

Safeguarding Accounts Payable: Best Practices for Mitigating the Risk of Cyberattacks and Payment Fraud

May 21 2024

8:30 AM - 9:20 AM EST

Does it feel like cybercriminals are always lurking in the shadows, ready to strike? This session will shine a light on the latest tactics of fraudsters and empower you with actionable strategies to fortify your defenses. Our speakers will delve into the latest fraud schemes targeting AP departments, reveal the vulnerabilities with conventional approaches to processing and paying invoices and verifying bank account details, detail best practices for mitigating the risk of payment fraud, and provide a comprehensive action plan for mitigating payment fraud risk through invoice-to-pay automation.

What you will learn:

  • The latest fraud schemes targeting accounts payable
  • The vulnerabilities with traditional AP processes and bank account verification methods
  • Best practices for mitigating the risk of cyberattacks and payment fraud
  • The role of invoice-to-pay automation in fraud prevention
  • An action plan for mitigating fraud risk through invoice-to-pay automation

Speakers

Brousseau & Associates

- President

Edenred Pay

- Direct Sales and Marketing

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