Accounts Payable Fraud: How to Add the Appropriate Controls

Accounts Payable Fraud: How to Add the Appropriate Controls

Learn to identify instances of fraud, and take steps to safeguard your bank accounts against internal and external fraud instances.

Thanks to the accessibility of today’s technology, fraudsters anywhere can replicate checks with ease. It’s no stretch, then, to say that it’s become easier than ever before to forge a check. Check fraud accounts for a whopping 77 percent of actual and attempted instances of fraud. This article discusses the ways in which fraud occurs, and the signs to watch out for.

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