Even today, payments fraud has been a continuing issue that companies and higher education institutions alike are trying to combat.
In this ebook, How CFOs Can Mitigate the Risk of Payments Fraud, The Hackett Group discusses and addresses the best practices to alleviate the potential impact that fraud could have to their bottom-line and investor confidence, including identified approaches to minimize the risk of fraud:
- Comprehensive and enforceable payment policies and rules
- Embedded fraud prevention and detection procedures
- Automated/digitized payment processes
- Mandated education for employees about fraud detection and prevention
Download this report to understand how CFOs can be prepared to prove that fraud-prevention controls are implemented in their governance structure and are aligned with internal compliance and risk policies.
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