Procure-to-Pay Fraud: Detection and Prevention Best Practice Webinar
May 24 12:00 - 2:00 p.m.
Online
2-A&A CPE Credits
For most organizations, the procure-to-pay cycle (P2P) offers extensive opportunity for increased operational efficiency. However, it also provides numerous opportunities for fraudsters to exploit control deficiencies in all three stages—purchasing, receiving and disbursements.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Highlights
Goldmann will show you……
Who commits fraud in each segment of the P2P Cycle and why they do it
Inside secrets from actual fraudsters
Vendor billing schemes
Vendor Master File frauds
Shipment diversion/theft schemes
Shipping document falsification
Latest payments schemes (ACH hijacking, social engineering and more
Check fraud and tampering
How easy it can be for Procurement to collude with vendors in costly kickback schemes
Abusing the competitive bidding process for personal gain