Fraud and Compliance Under Fire: How AP Leaders Can Safeguard Their Organization

Fraud schemes are growing more sophisticated.  Sanctions lists are evolving by the day.  And regulatory scrutiny is at an all-time high.  For accounts payable leaders, the stakes have never been higher.  Falling victim to a fraudulent payment – or failing to comply with tax laws or OFAC or sanctions regulations – can result in financial loss, reputational damage, and steep penalties.

AP sits at the front line of defense.  But traditional processes simply weren’t built to handle today’s fraud and compliance landscape.  In this webinar, our experts will expose the biggest threats facing AP teams right now – from deepfake-fueled fraud to increasingly complex sanctions screening requirements.  You’ll learn why outdated approaches to supplier onboarding and bank account changes leave you vulnerable – and hear proven strategies for reducing fraud and compliance risk.

What you will learn: 

• The top fraud and compliance risks facing AP teams in today’s environment
• Why traditional AP processes leave you vulnerable to fraud and regulatory lapses
• Strategies to strengthen internal controls and automate high-risk processes
• How to streamline OFAC checks and sanctions screening without slowing down payments
• Steps for building a culture of risk mitigation across departments

Mark Brousseau
President, Brousseau & Associates 

Over the past 30 years, Mark Brousseau has established himself as a thought leader on accounts payable, accounts receivable, payments and document automation.   A popular speaker at industry conferences and on webinars and podcasts, Brousseau advises prominent end-users and solutions and services providers on how to use automation to improve document- and payments-driven business processes.  Brousseau has chaired numerous educational conferences and has served on several industry committees and boards.  He resides in Center City Philadelphia with his wife and three sons.

Phil Binkow
CEO, Financial Operations Networks

Phil Binkow is CEO of Financial Operations Networks, developer of the InvoiceInfo and VendorInfo vendor portals. In 2002, FON founded The Accounts Payable Network, the leading training, certification and best-practice resource for individuals with management responsibility for accounts payable operations. Prior to starting Financial Operations Networks, Phil was CEO of PayTECH, one of the world’s largest invoice processing and spend analysis Software-as-a-Service companies.