Unfortunately, invoice fraud is something many AP teams and finance managers have to deal with. Usually after the fact. Invoice fraud is not only a drain on an organization’s resources, but it presents a major security risk to sensitive data. In order to fight back against fraud, an organization must be able to detect any issues before they happen.
Join us for two insightful webinars on July 10th and 12th to gain insights into how your invoice processing can be significantly enhanced to prevent fraud and maintain control over rogue spending. You’ll also have the opportunity to ask questions of our invoice automation experts.
5 Ways to Harness Internal Controls to Prevent Invoice Fraud
Tuesday July 10, 2018, 2pm EDT/11am PDT
Chrome River is joining forces with industry analyst, PayStream Advisors, to explore how invoice management automation can help organizations gain control over invoice fraud. This webinar will explore the ways AP software not only simplifies processes and increases efficiency, but how it can flag and stop invoice fraud and provide visibility into everything from spend patterns to the status of an invoice. This webinar will cover five key ways companies can use internal controls to increase compliance, minimize risk, and gain control over the invoice management process.
The Simple Truth: Without AP Automation, Your Business is at Risk
Thursday, July 12, 2018, 1pm EDT/10am PDT
AP automation strengthens supplier relationships, uses resources more efficiently, and reduces business risk. Without automated AP workflows, business can fall prey to common fraud schemes including kickbacks, false or inflated vendor invoices, and duplicate payment schemes. All of these risks can be detected with the enhanced controls and visibility AP automation provides based on defined rules and roles. Join us to discuss how organizations, whether international or domestic, must take advantage of invoice automation to achieve seamless processing, stay competitive financially, and mitigate risk.
Even if you can't make the date/time for these webinars, registering will enable you to receive the recorded webinar to view at your convenience.
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Our choice of Chrome River EXPENSE was made in part due to the very user-friendly interface, easy configurability, and the clear commitment to impactful customer service – all aspects in which Chrome River was the clear winner. While Chrome River is not as large as some of the other vendors we considered, we found that to be a benefit and our due diligence showed that it could support us as well as any large players in the space, along with a personalized level of customer care.
We are excited to be able to enforce much more stringent compliance to our expense guidelines and significantly enhance our expense reporting and analytics. By automating these processes, we will be able to free up AP time formerly spent on manual administrative tasks, and enhance the role by being much more strategic.