Risk
-
Best Practices for Managing Internal Fraud #APAutomation
.
Fact! Expense reimbursement fraud makes up about 15 percent of business fraud with a median annual loss of $26,000.* * Report to the Nations on Occupational Fraud and Abuse, 2012 I have come to realize that accounting and finance people are always on the lookout for a great story about catching the bad guy or…
-
The Opposite of Risk Is Not Security – #APAutomation
.
Certain types of people make sense of the world by looking at the opposite. Even if you aren’t that type of person a good analogy can go a long way. 2 Subjects Judging by the title I am going to make the point that there is more to risk than just making sure all of…
-
Fraud Of The Day Stopped By AP Automation
.
I have come to realize that accounting and finance people are always on the lookout for a great story about catching the bad guy or gal and stopping them from accessing the company’s money. Today? Well, I hope today is not going to be any exception to that story telling. Although this story is true,…
-
With AP Automation It Takes 7 People To Commit #Fraud!
.
It is frustrating at times being in Accounts Payable Automation. One of the frustrations is that some people think when the paper is gone so is the security. I can understand it, however, in the beginning of my career I was less understanding. It wasn’t a good side, but I realized that if people don’t…
-
Stealing Stopped By Accounts Payable Automation – 4 Things
.
I have always been intrigued with people that lean by viewing the opposite. If it is not this it is not that. I find myself doing a lot of that, which is the reason I came up with the opposite of risk. Why? Well… I have been writing a lot about Accounts Payable Automation and…
-
Stop The Risk In Accounts Payable #APAutomation
.
As an automator one of the most frustrating things that I have to combat is the notion that a company’s Accounts Payable process will become less secure if the paper is gone. I Understand I get it… I have talked to people who have been running the AP process for thirty years with paper. The…