Reducing the Risk of Fraud with P2P Automation
By Emmanuel Olivier, Esker Worldwide Chief Operating Officer
Executive Insight
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Reducing the Risk of Fraud with P2P Automation
By Emmanuel Olivier, Esker Worldwide Chief Operating Officer
Economic instability, the growing influence of automation, tightening regulations and the fight against corruption has catapulted risk management and fraud prevention to the top of the to-do list for administrative and financial departments.
The procure-to-pay (P2P) cycle, which covers all transactions and interactions with suppliers, is the business process most at risk for attempted fraud, both internally and externally. Making risk management a priority and optimising processes by implementing effective organisational practices and adequate strategies can assist businesses in protecting themselves from these threats.
What are the best strategies for tackling the rise in fraudulent activities and payment anomalies? Read more in this new Executive Insight from Esker's Worldwide COO, Emmanuel Olivier.
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“The discipline that Esker drives in the credit and collections process is phenomenal. In my 20-plus years, it's the best product I've ever used based on its simplicity and ease of navigating.”Global Director of Financial Services | Trek Bicycle
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About Esker
Esker is the global authority in AI-powered business solutions for the Office of the CFO. Leveraging the latest in automation technologies, Esker's Source-to-Pay and Order-to-Cash solutions optimise working capital and cashflow, enhance decision-making, and drive better collaboration and human-to-human relationships with customers, suppliers and employees.
Since 1985, Esker has helped companies in their efforts to digitally transform business communications, with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin.
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