How to prevent duplicate invoice payments?
How to prevent duplicate invoice payments? What is a duplicate invoice? An invoice is considered duplicate when it has too many copies and is issued for the same transaction with a specific supplier. Businesses might receive duplicate invoices and accidentally pay the same invoice multiple times, with only very minor modifications, such as the invoice […]
5 SOLUTIONS TO HELP BUSINESSES AVOID INVOICE FRAUD
5 solutions to help businesses avoid invoice fraud In an accounts payable management process, fraud and risks are always considered top concerns that threaten businesses. The consequences of invoice fraud go far beyond immediate financial losses, accompanied by reputational damage to the company and disruptions in business and production activities. If a business does not […]