AP-Now Webinar: Detecting and Preventing Vendor Fraud in AP: It's A Lot More Common than You Might Think - June 18, 2019

When: June 18, 2019

Time: 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST)

Where: Your office

Note: This session can be bought in conjunctions with the August 7th Master Vendor File Validations Best Practices (info here) session for a savings of $119.

Information about The Vendor Fraud and Validations Bundle can be found here.

Vendor fraud happens a lot more frequently than most organizations realize. This is unfortunate because many companies are being victimized and they don’t realize until it’s too late. What’s more, it can internal or external and most recently it comes in a cyber variety.

According to a recent report from Kroll, 20% of all organizations experienced some sort of vendor fraud in the last 12 months. That’s why it is critical that everyone involved in the process know what to look for. This session is designed to help you recognize the signs of vendor fraud and take steps to prevent it. Don’t fall into the trap of thinking it couldn’t happen to your organization.

After this session you will be able to:

  • Differentiate the different types of vendor fraud

  • Integrate strong internal controls into your invoice and payment processes to prevent vendor fraud

  • Recognize the signs of a potential vendor fraud

  • Implement best practices to stop the newest vendor cyber frauds

  • Create a best practice process that deters vendor fraud

About our Expert:

Mary S. Schaeffer has the inimitable ability to find accounts-payable-related solutions that really work—without making a major dent in the bottom line. Armed with a degree in math and a graduate degree in finance, she takes a “roll up your sleeves and dig into the details” approach to finding solutions to those problems that cause migraines for CFOs, controllers, and managers.

Almost twenty years spent researching and writing about payment issues gives Mary Schaeffer a unique vantage point. Combine that with 15 years spent in the corporate trenches of several large finance and treasury departments and you’ll see why she’s become known as America’s leading accounts payable expert. Her corporate positions include Assistant Treasurer for Equitable Life Assurance Society, Financial Risk Manager for O&Y and Corporate Cash Manager for Continental Grain.

She shares her expertise in a variety of venues: All-day seminars, customized training, creator of certificate programs and CPE Self-study courses, as a guest speaker at regional and national events and online in over 100 webinars each year.

Ms. Schaeffer has a BS in Mathematics from York College (CUNY) and a MBA in Finance from New York University. She can be reached at marys@ap-now.com

  • Prerequisites: None

  • Program Level: Intermediate

  • Advance Preparation None

  • Format: Group Internet-Based (Webinar)

CPE Credits 1.0

CRYSTALLUS, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.

Work experience in accounts payable, accounting or related field, or an introductory course in accounting is a prerequisite for these intermediate level programs. No advance preparation is needed. For more information regarding administrative policies such as refund, complaint and/or cancellation, please contact us at 302.836-0540. To see our customer service policies, click here.

This one-hour Group-Internet-based programs is eligible for one (1) CPE credit