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Protecting your spend – The most risky P2P liabilities – CPD Accredited

This CPD accredited webinar explores the full spectrum of spend risk in purchase to pay, from invoice fraud and duplicate payments to supplier data gaps, and why traditional controls alone can’t cover it all.

Most finance teams believe their controls are solid, and yet on average 1% of spend is a duplicate payment, not to mention the smaller instances of cash leakage. UK business leaders say that fraud cost their companies around 7.4% of their annual revenue.

In this webinar, Frances Lawrence, CFO at FISCAL Technologies, takes a broader view of spend protection across the purchase to pay process. Drawing on 20 years of finance leadership experience across the UK and US, Frances examines where the risks lie and what finance teams can do practically to address them.

What you’ll learn:

  • How cash leaks through the gaps of standard controls.
  • The transaction risks that 3-way matching can’t uncover.
  • The supplier data risks that expose organisations to financial loss and compliance failure.
  • How to strengthen controls before and after payment, and what a complete approach to spend protection looks like.
  • How AI-native P2P risk management software augments your team’s capabilities.

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