Fraud & Abuse

Q. My supervisor asked me to check with the Advisory Panelists to see if anyone has any… Read More

Fraudulent activities are rooted in the ability of bad actors to gain unauthorized access to funds by circumventing weak financial controls, points out Michael Volkov, CEO of the Volkov Law Group… Read More

It is every American’s civil duty to keep cash out of the hands of criminals (including fraudsters) and terrorists, and people who work in accounts payable departments have an even greater… Read More

Q. What are best practices to validate vendor ACH information? There are cases where hackers will… Read More

On Monday, June 8th, from 12 p.m. to 1 p.m., IOFM conducted a Community Call with Financial Operations professionals in the Healthcare Industry. The Zoom call was moderated by IOFM's Executive Editor… Read More

Q. What best practice standards should be used to set up a new vendor or update an existing vendor… Read More

Q. Have any of you received altered PDF invoices as a method for attempting fraud? If so, would… Read More

The “AP & P2P Professionals Speak: On Pain Points, Working Together, and Successes” video series explores challenges faced by real life accounts payable and procure-to-pay pros, and their… Read More

Keep Your Organization Safe from Vendor Payment Fraud Attempts

Judging from recent news reports—and from what IOFM is hearing from its financial operations professionals—cyber threats are

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Q. What are some of the best practices the panelists have deployed to control vendor bank… Read More