Identity Theft in Business

identity theft business

ERP Systems For Consumer Security Many organizations rely on Electronic Resource Planning (ERP) and robust payment networks and systems to help them circumvent identity theft and consumer credit fraud. These ERP systems integrate different areas within the operations to better manage security by providing transparency and control. ERP solutions collect and manage information and activity across planning,… Read more »

Corporate Payments Fraud Hits Record Levels

virtual card payments

New data recently published by the Association for Financial Professionals in its 2017 AFP Payments Fraud and Control Survey Report reveals a disturbing trend — more companies than ever before fell victim to payments fraud in 2016. According to the report, 74 percent of finance professionals state that their companies were victims of payments fraud… Read more »

5 Ways to Prevent Accounts Payable Fraud

prevent accounts payable fraud

According to the Association of Certified Fraud Examiners, the typical organization loses 5% of its revenue each year to fraud.1 And that’s just the fraud occurrences that are detected and reported. As an Accounts Payable professional, you work in an area that is increasingly at risk for fraud, because that’s where your organization funnels its… Read more »