FRAUD Alert: 13 Warning Signs [Accounts Payable Best Practices]

Can you recognize every fraud attempt that may be targeting you? Some are really good. This fraud alert contains 13 signs anyone (including you) can use to recognize if someone is trying to scam or defraud them. While these tactics are focused on those responsible for accounts payable, accounting and finance, most are also applicable to individuals in their personal lives and transactions. If you want to stay safe and learn how to recognize AND fight off the scammers, stick around until the end when we also share 5 really simple tactics to protect your company’s money, as well as your own. Whether you are interested in best practices for accounts payable management or treasury or you simply want to protect your own money (or maybe both), we’ve got you covered. #fraud #accountspayable #scam

This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh

Link to Can You Spot the Phony Email Address
https://youtu.be/8IkeqkkQ2Do

Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

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#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement