AOC Solutions Blog Accounts Payable Best Practices: 6 Ways to Prevent Fraud

Recent data from the Association for Financial Professionals reveals that payments fraud is on the rise. According to the 2017 AFP Payments Fraud and Control Survey Report, more companies than ever before fell victim to payments fraud in 2016 - a whopping 74 percent.Given this trend, it's more important than ever before to take preventive measures to stop fraud. Here are six best practices that you can use today to mitigate fraud risk in your organization.