ITESOFT Insider View - Join ITESOFT's John Stovold & FISCAL Technologies' Colin Rigby as they discuss the risks faced by modern organisations.
What impact does Fraud have on an organisation and how can you minimise the risk?
"64% of decision makers put forward a strong need for fraud risk management with digital transactions."
With the rise of digitalisation, there are new risks appearing.
Today, document fraud is the 3rd largest criminal industry in the world, pushing organisations to adopt appropriate mechanisms such as data consistency checks, document authentication, electronic stamps etc.
Smarter | Faster | Safer
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All across the UK, Accounts Payable managers are striving for change in the way their team process their supplier invoices. Even with this desire for more efficient processes, they often get burned when senior management present barriers to automating AP.
This may discourage the weak of heart, but any forward-thinking AP...
One of the main issues here is fraud, both external and internal.
According to the Association of Certified Fraud Examiners, fraud represents an average of 5% loss to most businesses which, globally, amounts to a staggering $3.7 trillion-dollar issue!