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How to Prevent Fraud with Accounts Payable Automation

HOW TO PREVENT FRAUD WITH ACCOUNTS PAYABLE AUTOMATION

Cost Free
Presentation Length 1.0 hour

Recorded DateFebruary 11, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

AP automation is a term used to describe many companies’ ongoing efforts to streamline the business portion of their accounts payable processes. Since AP has several different components, there can be an added level of complexity regarding what to automate and where to start the automation process.  

As many leading companies implement accounts payable automation solutions, they consider the positive impact on working capital, productivity, cycle times, supplier satisfaction, and internal controls.  We’ll review the top 10 AP solutions and address how and why they can prevent fraud. 

 Agenda:


  • Introduction to Risk Management

  • How Risk Impacts the AP Process

  • Examples of AP Risk and Control Issues

  • Automating Your AP Process to Mitigate Risk 

  • How ten Top AP Automation Solutions can Mitigate Risk 

  • Case Study

  • Q&A

Learning Objectives:


  • Identify the top ten AP automation solutions

  • Recognize how and why a specific AP automation solution can prevent fraud

  • Determine which AP automation solutions can help to mitigate risk

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Chris held senior finance and controller positions at Digital Equipment Corporation, Compaq, and Hewlett Packard, which allowed her to develop and implement internal control and leading practices for all aspects of financial operations. She was recruited to lead WorldCom (MCI) to implement internal rules, policies, and corporate governance processes. She fine-tuned her consulting experience in the Procure to Pay (P2P) area at APEX Analytix and BSI Healthcare.

As President of Doxey Inc., Chris uses her experience to provide best practice solutions to her clients for the P2P process and financial operations.

She holds a bachelor's degree in English, a bachelor's in accounting, a master's in business administration, and has a graduate certificate in project management.  She is a Certified Accounts Payable Professional (CAPP) and holds a Certification in Controls Self-Assessment (CCSA). Chris is also a Certified Internal Controls Auditor (CICA) and a Certified Professional Controller (CPC).
 

About Our Sponsor

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MineralTree makes the easiest-to-use mobile and online AP automation software for finance professionals like you at growing organizations. Whether you’re a controller, AP manager, CFO, or other payment approver, MineralTree’s invoice payment processing solution streamlines AP, giving you significant cost savings and unparalleled control in an affordable, integrated platform with guaranteed fraud protection. We’re focused exclusively on invoice-to-payment automation so businesses benefit from using it and banks, accounting firms, and CPAs can offer it to their customers.