Fraud Prevention for AP and AR

Payment fraud often starts with an email that looks routine and legitimate. For vendor teams, every banking change, remittance update, or contact change deserves careful review. This article explains

… Read More

As finance professionals at organizations have successfully increased their defenses with multi-factor authentication (MFA), comprehensive phishing awareness training, and rigorous verification

… Read More

Vendor onboarding is often treated as an operational process; collecting IRS W-9 and remittance information, performing the required validations and finally creating the vendor in the vendor master

… Read More

As many of your organizations receive CP2100/CP2100A notices, returned mailed recipient statements, or notifications of undeliverable electronic recipient statements, you are reminded that even

… Read More

Course type: Self-study | On-demand

Registration fee: $375 per learner

IOFM CEUs available: 3

Estimated learning hours: 2-4

Technology Requirements: Most updated version of

… Read More

The Automated Clearing House (ACH) network is the backbone of the U.S. financial system, moving trillions of dollars annually through direct deposits, bill payments, and business transfers. There

… Read More

… Read More

The fraud landscape facing AP teams has fundamentally shifted. According to IOFM's latest survey of 150+ AP leaders, fraud attempts have nearly doubled in six months, jumping from 33% to 58% of… Read More

The article “Are Your Internal Team Members Collecting Your Required Vendor Documents?  It’s Risky” discusses the risks associated with collecting sensitive vendor information

… Read More

As fraud schemes grow more sophisticated, conventional safeguards are often bypassed.  During the last 90 days there were four fraud scams that highlight that not only do fraudsters know your

… Read More