5 Ways to Harness Internal Controls to Prevent Invoice Fraud
Common instances of invoice fraud in organizations’ AP processes
Air Date & Time
Tuesday, July 10, 2018 12:00 AM
Invoice fraud. For many Accounts Payable (AP) teams and Finance managers, it’s a competitor they didn’t know they had—until it’s too late. Every day, perpetrators from outside and inside of an organization use fake, inflated, and duplicate invoices to rob companies of thousands or even millions of dollars in revenue. Not only is invoice fraud a drain on a company’s resources, it also poses a major to risk the strength and security of the organization’s sensitive data. In order to fight fraud and maintain control over spend, organizations must be able to detect any issues before they endanger a company’s bottom line and competitive advantage,
Levvel Research is teaming up with invoice automation expert, Chrome River, to explore how invoice management automation can help organizations gain control over invoice fraud. This webinar will explore the ways AP software not only simplifies processes and increases efficiency, but how it can flag and stop invoice fraud and provide visibility into everything from spend patterns to the status of an invoice. This event will cover 5 key ways companies can use internal controls to increase compliance, minimize risk, and gain control over the invoice management process.
Attendees of This Webinar Will Learn About:
• AP management trends • Common instances of invoice fraud in organizations’ AP processes • How to fight invoice fraud with internal controls • How to fight invoice fraud with advanced AP automation software
Who Should Attend?
• Accounts Payable and Back-Office Finance Professionals • CFOs • CPOs • Finance Directors • Controllers
Advanced preparation: none
Program level: Update
Delivery method: Group-Internet Based
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Refund policy: no fee charge
Levvel Research is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. NASBA sponsor number: 136565.
Director of Research Operations, Levvel
Anna Barnett is the Director of Research Operations for Levvel Research, Levvel’s in-house research practice. Anna is an expert in several facets of business process automation software, including Procure-to-Pay, Source-to-Settle, Travel and Expense Management, and Payables (AP and payments). She also covers digital transformation trends and technology, including around DevOps strategy, design systems, application development, and cloud migration. She is experienced in the organizational procedures and application of software in several specific industries, including Healthcare, Higher Education, Retail, Manufacturing, Oil & Gas, Hospitality, and Non-profit. Anna has extensive experience in research-based analytical writing and editing, as well as sales and marketing.
Shelley has more than 15 years of experience in the software and finance industries, and has worked for several large organizations including PriceWaterhouseCoopers and Lucent Technologies. Prior to Chrome River, she worked as a sales engineer, sales representative and project manager for SAAS-software companies.