Putting the AP in hAPpy artwork

Episode 255: 3 Types of Positive Pay to Mitigate Check Payment Fraud

Putting the AP in hAPpy

English - September 14, 2023 10:00 - 17 minutes - 11.7 MB - ★★★★★ - 7 ratings
Arts Business Careers accounts payable vendor setup accounting fraud phishing supplier setup supplier onboarding vendor onboarding debra r richardson debra richardson Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 254: Job Hunting? One Huge Risk If You Use ChatGPT For Resume Building
Next Episode: Episode 256: FAQ: When a Vendor Has a New Tax ID Do I Have to Create A New Vendor Record?

Check payment fraud continues to increase, and US companies continue to generate checks – neither with any signs of stopping.  Here are the three types of positive pay that you can put into place with your bank to avoid check payment fraud.  Stay on to learn how to find out what “Post No Checks” means and how it can be used to avoid check payment fraud.   

Keep Listening. 

 

Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out my new Vendor Process Training Center for 149+ hours of weekly live and on-demand training for the Vendor team. 

 

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Links mentioned in the podcast + other helpful resources:    

Vendor Master File Tip of the Week:  Use “Post No Checks” to Avoid Check Payment FraudAssociation for Finance Professionals:  2023 AFP Payment Fraud and Control Survey Report - Key HighlightsVendor Process Training Center:  Drop-In Live Q&A SessionVendor Process Training Center:  https://training.debrarrichardson.comDebra R Richardson LLC:  20 Tips in 20 Minutes WebinarsVendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download (Get 25% Discount on the Global Vendor Registration Numbers)Vendor Master File Clean-Up:  https://www.debrarrichardson.com/cleanupYouTube Channel:  https://www.youtube.com/channel/UCqeoffeQu3pSXMV8fUIGNiw More Podcasts/Blogs/Webinars www.debrarrichardson.comMore ideas?  Email me at [email protected] Music Credit:  www.purple-planet.com