Common Invoice Fraud Schemes
Invoice fraud costs businesses billions annually, yet many companies focus exclusively on external cyber threats while overlooking traditional invoice manipulation […]
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Preventing Internal AR Fraud
Most credit professionals focus on external fraud, fake customers, forged documents, payment scams. But internal fraud poses equal risk and
Documenting Customer Conversations Properly
When a customer disputes a promise they made, your notes become your evidence. When a colleague needs to cover your
Understanding Business Entity Types in the U.S.
When starting or expanding a business, one of the most important decisions you’ll make is choosing your legal structure. The
Understanding Credit Insurance and When to Use It
Credit insurance is a valuable tool that protects businesses against the risk of customer default. For credit controllers, understanding how
Protecting Your Business Against Fraudulent Accounts
Fraudulent customers pose a significant risk to businesses. They may take goods or services on credit with no intention of
Credit Control and Compliance with Financial Regulations
Credit control is not just about managing payments—it also involves compliance with financial and legal standards. Failure to comply can
National Association of Credit Managers (US), Defense Against Fraud
In a recent article the NACM talked about readying your defense against synthetic fraud. The interesting part of the article
Mastering the Art of Negotiation: Tips for Debt Collectors
In the world of debt collection, negotiation is a vital skill that can make the difference between success and failure.
Fraud Red Flags in Equipment Delivery
When working in an industry that has equipment sent out for delivery or collected from a yard there is a