Procurement fraud is on the top 3 risks faced by organisations, with every $1 lost to fraud costing $3.68 to investigate and recover.
However there are ways to protect yourself, and reduce the manual workload, through automation.
This webinar covers:
- The top causes of fraud, from payment redirection to cybercrime
- The types of fraud that are increasing
- Real-world examples of losses to fraud
- Why finance teams can no longer rely on IT controls or manual monitoring processes
- Different ways Satori’s OK2Pay automates the identification of different issues, giving you real-time protection
- How OK2Pay taps into bank data, including Confirmation of Payee data, making it the most robust bank verification tool on the market
Listen to the webinar here: