E38: Accounts Payable Fraud: How Ecommerce Businesses Lose Six Figures to Fake Invoices
Ecommerce Finance Podcast by Stephen Brown | LedgerGurus
Episode notes
Stop accounts payable fraud before it hits your bottom line. Learn how to protect your ecommerce business from risky overseas inventory payments.
In this episode of the ecommerce finance podcast, Stephen Brown and Rachel Wright break down the mechanics of accounts payable fraud. We examine real-world scenarios where businesses lose capital to sophisticated scams and discuss the exact internal controls needed to secure your outgoing payments.
This discussion is essential for finance teams and ecommerce owners looking to strengthen their payment security. By identifying common red flags in international vendor transactions, you will gain actionable strategies for preventing business fraud and safeguarding your inventory budget against unauthorized outflows.
Today’s Key Takeaways:
- Why Ecommerce Bu ...