Payment Fraud is Real—Could Your AP Team Lose $1M?

Your payables processes can either protect your business or cost you dearly—and not just in inefficiencies. If your automation is weak, your segregation of duties is lax, or your vendor payments are a mess, you’re exposing yourself to major risks:

🚨 Fraud: 86% of U.S. companies have reported at least one successful payment fraud attack.
💸 Financial loss: 36% of those companies lost over $1 million per incident. Yes, ONE. MILLION. DOLLARS.
😡 Vendor frustration: Late or incorrect payments damage relationships with your most important suppliers.

🔎 Now, let’s talk risk exposure:

• How good is your team at reviewing invoices and spotting altered or fraudulent invoices?
• How about email requests asking to change payment instructions?
• How strong is your validation process before approving changes?

Because here’s the truth—fraudsters are getting more sophisticated. With the rise of AI-driven scams, if you aren’t actively strengthening your defenses, you’re leaving yourself dangerously exposed.

My friend, I can help.

At ALL2S Consulting LLC, we don’t just check the boxes on compliance—we dig deep to make sure your processes are airtight, your team is trained, and your business is protected from costly mistakes.

Let’s talk before you find yourself explaining a million-dollar mistake.

#AccountsPayable #FraudPrevention #RiskManagement #ProcessImprovement #BusinessOptimization #ALL2SConsulting