Corporate governance around payment fraud risk now places responsibility and ownership directly upon your organisation’s management of financial processes. Adequate implementation of payment fraud technology can, however, be a challenge with many enterprise systems falling short as a compliant solution.
Many incidents of payment fraud occur when individuals with multiple functional roles abuse their access rights, allowing employees to circumvent weak technology controls. According to recent research, 85% of staff admit they have the opportunity to commit payment fraud.
Download the guide to discover how Bottomline’s PT-X Approve anti-payment fraud technology can provide your business with:
PT-X Approve fraud technology enables more effective segregation of duties, allowing you to assess, mitigate, reduce and monitor the risk of payment fraud. Download the guide to find out more.
BrochurePT-X Secure Business Payments: Protect Against Fraud
Business payment fraud and security risks are evolving rapidly and can be difficult to detect. Only by using the latest best practice approach, technologies and expertise in payments, cyber security and risk management can you safeguard your business
White PaperPayment Fraud Guide for SMEs - Protect against Financial Fraud
All companies are a target for fraud. This is the sad reality. Businesses of all sizes are put under constant strain by fraudulent activity, and without the proper controls to protect themselves, often incur massive losses as a result.
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