Putting the AP in hAPpy

Episode 266: Positive Pay + This Step to Mitigate Check Fraud

November 30, 2023 Debra R Richardson Episode 266
Putting the AP in hAPpy
Episode 266: Positive Pay + This Step to Mitigate Check Fraud
Show Notes

There is a school that converted all of their ACH payment vendors to check payments after an ACH fraud occurred.  Most likely because they felt that positive pay would protect them against fraud.  Maybe, but adding an additional step can go further to protect against check payment fraud.  

Keep Listening. 

Check out my website www.debrarrichardson.com if you need help implementing authentication techniques, internal controls, and best practices to prevent fraudulent payments, regulatory fines or bad vendor data. Check out my new Vendor Process Training Center for 149+ hours of weekly live and on-demand training for the Vendor team. 

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