You know why making and receiving e-payments is a good idea: less paper, better revenue management, streamlined processes, fewer errors, etc. So what’s really standing in the way? And is it a good enough excuse?
This is serious: FBI officials are warning potential victims of a dramatic rise in the business email compromise scam or “BEC,” a scheme that targets businesses and has resulted in massive financial losses across the country. Â
Paper checks passé? We’re getting there. Fact: These days, companies are both sending and receiving nearly half of their payments electronically.
CFOs everywhere are looking for Accounts Payable (AP) to take on a more strategic role. However, in order to make this happen, finance pros need to find a way to take many of the repetitive, non-value-added tasks off AP’s plate. In this guest post, Brent Meyers, the vice president of national sales for Nvoicepay, explains just […]
15-year veteran of the accounting department, served as VP of Finance … all while embezzling more than half the small company’s pre-tax profits! It can happen.
The severity of email scams is escalating for you and your finance team.
When it comes to payments fraud, companies that haven’t been impacted are in the minority.
In the current corporate climate, any finance pro’s inbox could unintentionally become a gateway to big financial losses.
The stats are daunting: 71% of companies were hit by payment fraud last year.
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