PaymentWorks digital onboarding automates complex supplier management processes to eliminate the risk of business payments fraud, reduce costs and ensure regulatory compliance.
Even in our increasingly digital world, supplier management processes continue to be people-intensive and error-prone – making them vulnerable to attacks by fraudsters, costly to manage, and difficult to comply with intense regulatory requirements and scrutiny.
The platform enables government entities of all sizes to automate the collection and verification of information for all their suppliers and allows for the continuous monitoring and updating of the information - while thwarting any efforts to hijack an existing vendor record and redirect payments.
Payment Fraud and Your Vendor Master: The Origin of the Risk Event Date: January 20th, 2022 Hosted by: PaymentWorks
During the webcast, attendees learned about: