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Building a Strong Internal Controls Framework for AP: Best Practices for Mitigating Fraud Risks, Ensuring Data Security, and Maintaining Accurate Financial Records
Details
Thursday, August 22
12:00 - 1:00 PM CT
Presenter: Debra Richardson, AP Consultant | Speaker | Trainer
AP is a critical function that affects the financial health and reputation of any organization. However, AP also faces many unique challenges and risks, such as fraud, data security, and accuracy. In this webinar, you will learn how to build a strong internal controls framework for AP that can help you mitigate these risks and ensure the reliability and integrity of your financial records.
Learning Objectives:
- The key components and benefits of an internal control framework for AP
- The common types and indicators of fraud in AP and how to prevent and detect them (including deepfakes)
- Compliance requirements for data security in AP
- The common errors and inefficiencies in AP and how to eliminate them and improve your financial reporting
- The tools and techniques for monitoring and evaluating your AP performance and controls
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Categories
Regulatory Enhancement Request
IPA
User Groups
When
Thursday, August 22nd, 2024 from 12:00 to 1:00 (US/Central)Organizer
Loring Kaveney
About MHC
Accounts Payable Automation. Invoice Automation. Streamlined documents & payments with your stakeholders. Customer communications management.
Whether your organization is currently using Infor Lawson, upgrading to Infor CloudSuite, or you’re a new Infor customer, MHC’s solutions complement Infor functionality to drive additional efficiencies and increase the overall value of your enterprise resource planning (ERP) and business systems.
The MHC NorthStar configurable SaaS platform enables organizations to generate hyper-personalized and digital customer-facing, vendor-facing, and employee-facing document and payment output via turnkey precision delivery without expensive consulting and the frustrating fragility of Microsoft Word templates. MHC also supports AI-powered document capture, imaging, powerful workflow configuration, plus AP payment rebates, flexible web forms, and much more.
Learn more at https://www.mhcautomation.com
Whether your organization is currently using Infor Lawson, upgrading to Infor CloudSuite, or you’re a new Infor customer, MHC’s solutions complement Infor functionality to drive additional efficiencies and increase the overall value of your enterprise resource planning (ERP) and business systems.
The MHC NorthStar configurable SaaS platform enables organizations to generate hyper-personalized and digital customer-facing, vendor-facing, and employee-facing document and payment output via turnkey precision delivery without expensive consulting and the frustrating fragility of Microsoft Word templates. MHC also supports AI-powered document capture, imaging, powerful workflow configuration, plus AP payment rebates, flexible web forms, and much more.
Learn more at https://www.mhcautomation.com