9 Ways to Mitigate Fraud with AP Automation
Another day, another way criminals are trying to get their hands on your payment information.
One way to mitigate fraud within your payments process is by automating your accounts payables processes. Here are nine ways that AP automation can help your organization improve internal controls and deter bad actors, including:
- The importance of strong internal controls such as tiered approval processes and early warning systems to identify inconsistencies
- How to keep sensitive information—for both you and your vendors—secure through custodial accounts and digital payments
- How faster reconciliation and ACH validation can help you detect and address issues before they become major headaches
Download this tip sheet today to learn how incorporating automated payments can help you mitigate fraud in your AP processes.