Why Should You Attend:
P-Card usage is on the rise and so are the cases of P-Card fraud! Many companies have implemented P-Cards as a means to reduce invoice volume and increase efficiency within accounts payable department and within the procure to pay cycle. But the increased use of P-Cards has resulted in additional risk which creates an enhanced focus on internal controls and spotlights the role of the P-Card Administrator.
During this session, the instructor will identify the ‘red flags” of P-Card fraud and will provide a practical internal controls toolkit that will help reduce the potential for fraud and mitigate risk within the process. We’ll present a timely case study that describes what can happen if a good P-Card controls program is not in place. We’ll identify the specific “red flags” and how the situation could have been prevented.
Areas Covered in the Webinar:
P-Card Statistics.
P-Cards, T&E Cards, Corporate Credit Cards, and Payment Cards.
Why companies implement a P-Card Program.
Introduction to Fraud Awareness.
The Red Flags of P-Card Fraud.
Preventing P-Card Fraud: The Top Five Controls
Your P-Card Internal Control Toolkit.
Case Study: A Case of P-Card Fraud.
Q & A.
P-Card usage is on the rise and so are the cases of P-Card fraud! Many companies have implemented P-Cards as a means to reduce invoice volume and increase efficiency within accounts payable department and within the procure to pay cycle. But the increased use of P-Cards has resulted in additional risk which creates an enhanced focus on internal controls and spotlights the role of the P-Card Administrator.
During this session, the instructor will identify the ‘red flags” of P-Card fraud and will provide a practical internal controls toolkit that will help reduce the potential for fraud and mitigate risk within the process. We’ll present a timely case study that describes what can happen if a good P-Card controls program is not in place. We’ll identify the specific “red flags” and how the situation could have been prevented.
Areas Covered in the Webinar:
P-Card Statistics.
P-Cards, T&E Cards, Corporate Credit Cards, and Payment Cards.
Why companies implement a P-Card Program.
Introduction to Fraud Awareness.
The Red Flags of P-Card Fraud.
Preventing P-Card Fraud: The Top Five Controls
Your P-Card Internal Control Toolkit.
Case Study: A Case of P-Card Fraud.
Q & A.
