Vendor fraud happens when someone tricks a company into paying money to fake accounts. They do this by making fake invoices or changing payment details. People who commit vendor fraud can be insiders like company employees, vendor staff, or outsiders who steal account information. The outsiders often swap the vendor’s payment details with their own […]
How to Identify & Prevent Vendor Fraud Read More »
If you own a business, vendor payments are something you are familiar with. It is one of the important forms of money movement among business operations. Every business utilises services from consultants and freelancers to shared office spaces and food providers. Chances are, you have some sort of a system in place to ensure you
Vendor Payments Automation: A Quick Guide Read More »
The moment has arrived to install internet connections, revamp your website, replace worn-out office chairs, source raw materials, technology solutions, or outsource services. The big question that arises is: Who do I hire for the job? Selecting the right vendor is a critical decision for any business that requires a careful selection process. It’s more
Selecting the right vendor – 5 things to consider Read More »
