Top 5 P2P risks you need to know in 2024 and how to mitigate them

In these days of stringent cost-savings and added financial risk, it is important that finance teams have strong controls around their working-capital, including the detection and recovery of overpayments, boosting their bottom line. During this webinar, we will take you on a simple journey which explores all avenues of your next recovery audit.

This interactive live workshop which covers risk, detection, and deterrence. It will cover procurement fraud risks, bribery and corruption, investigation skills.

A one day masterclass which covers risk, detection and deterrence. It will cover procurement fraud risks, bribery and corruption & investigation skills.

Audits are a stressful time in finance. There’s pressure to ensure your policies and procedures are being followed, and much scrutiny is placed on AP for precise payments. The webinar will discuss how to maintain effective, efficient audit processes despite hardships such as remote working, data security, data collection and more. From selecting audit software and utilising the latest technology, to ensuring collaboration and compliance, our experts will pull from their own experiences to give you unique insights. This event would be of particular interest to those in the P2P process including procurement, AP generalists, compliance officers and internal auditors.

A poorly managed Master Supplier File is a breeding ground for fraud, payment and sanction issues resulting in high financial penalties. It can also cause real headaches if you are migrating to a new ERP any time soon. Without a proactive intelligent approach, these issues typically worsen over time. This webinar will give insights into why supplier cleansing is so important and how to ensure a cleaner more manageable and compliant Master Supplier File for the whole P2P process. This event would be of particular interest to those in the P2P process including procurement, AP generalists, compliance officers and internal auditors.

And with limited resources and more work, you want to do it efficiently. To do that, you’ll turn to making improvements in your processes. So, now what? If you are wondering where to start from there, you’re in the right place. This webinar offers practical advice on solving systemic problems in accounts payable. We’ll give insights and a clear, concise methodology you can use straight away. We delve into where to look, how to investigate and review your problems, and finally how to measure results once action is taken.

Tailored for AP/P2P Teams, this interactive live workshop will equip delegates with the essentials of project management. Topics include project planning, process mapping, setting objectives, guiding your team, post-project insights and staff reskilling. Equip your team with the skills to manage projects efficiently and drive continuous improvement.

This interactive live workshop will equip delegates with a thorough understanding of procurement fraud, its costs to organizations, and the latest fraudulent activities. Attendees will learn strategies to protect their businesses, create an anti-fraud culture, and defend against social engineering. The workshop will cover how to investigate and assess fraud incidents effectively. Additionally, it will include hands-on activities and real-life case studies to ensure practical understanding and application of the concepts discussed. Participants will leave with actionable knowledge to safeguard their organizations from procurement fraud.

In this on demand webinar, Dave Verma, Fraud Investigator covers the 5 principles of fraud prevention and steps that Finance and Procurement leaders should take, to move from reactive to proactive methods that reduce procurement fraud.

In today's dynamic business environment, managing supplier contracts effectively is crucial for finance teams to ensure compliance, mitigate risks, and drive sustainable practices. What’s more, with changing legislation in the it’s more important than ever to keep on top of supplier risk. This webinar will explore key considerations for finance teams to be aware of when navigating supplier contracts. Our focus will be on Procurement Act compliance, ensuring attendees are fully up to date with the legislation and the actions they can take to protect their organisation. The webinar will also include information on understanding supplier risk exposure and essential mitigation strategies, including reputational factors and sanctions.

Statement Reconciliation is the Litmus test at the end of your P2P processes. In this on demand webinar our presenter, Alex Tabb, Services Consultant, shares her wealth of knowledge and insights into why this painstaking task is so important and how the finance team (mainly Accounts Payable) can alleviate that pain to release locked-up cash and recover previous overpayments and credits on the account.

Worldwide, non-profits face a median loss of $76,000 from fraud, which can have severe impacts. Join our webinar to learn, What fraud is and its scope, Why it happens, Real-life cases, How to prevent and detect it, Steps to take if you spot it.