Integrating Fraud Prevention in Credit Checking, Billing and Other Order-to-Cash Areas
Recorded On: 08/09/2021
This on-demand webinar is available for 14 days after purchase.
As a proactive credit professional, you look for process improvements to protect your company and make your credit underwriting meaningful and effective. A recent PricewaterhouseCoopers fraud survey cites about half of the polled companies reported being a victim of fraud in the past 24 months, the second-highest reported level in 20 years. Losses totaled roughly $42 billion in the last two years. The survey also estimates 30-40% of incidents go unreported. These losses cross all industry segments, and working remotely has increased the incidence of fraud.
The order-to-cash process includes several areas of vulnerability to hackers and fraudulent activity. In this webinar, join credit professional, Bob Karau, as he explores these vulnerabilities and discusses the best ways to protect your company.
Get ready for a fresh, fast-paced, 60-minute entertaining and interactive session on ways to integrate fraud detection into your credit underwriting process.
An Overview of Topics
- Fraud Detection and Prevention 101—basic steps to integrate into credit checking processes to prevent customer/client threats.
- Fraud Controls for Billing and Cash/Payment Processes.
- Steps to detect and protect sales departments and others against fraud.
About the Speaker
Bob Karau, Merchant & Gould PC
Bob Karau is in credit management at Merchant & Gould P.C. Merchant & Gold, a premier intellectual property law firm. Bob previously served in credit management at the Valspar Corporation, Robins Kaplan and Principal Resources, and also served as a Sarbanes Oxley consultant at Grant Thornton. He is a requested speaker and author in the areas of credit and financial management. Bob also was an editor and contributor to the 2019 and 2020 editions of the Manual of Credit and Commercial Laws. In 2017, Bob was awarded the national NACM/CFDD Distinguished Member Achievement Award. He is a recipient of NACM North Central’s “Credit Executive of the Year Award” and Valspar’s “Presidents Forum Award.” Bob serves as a director for NACM’s Credit and Financial Developmental Division (CFDD) and is president of his local CFDD chapter. Bob is also a member of the NACM National Legal Industry Group and co-founder of ALA Secure, a group dedicated to combatting commercial fraud in the legal industry.