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Eliminating B2B Payment Frauds | Check and Bulk Transfer Frauds

This course helps you identify gaps in your payment processes that can be an enabler of fraud.

About this Course

promoImage

description

lessonOverview	Companies have lost $42 billion over the last 24 months to frauds says PwC Global Economic Crime and Fraud Survey Report 2020. And those were the ones that were officially reported! How often do you audit your business to identify these frauds and find why they occur? This course gives credit managers a crash course in fraud detection, prevention, and steps to follow if it happens in your company. It helps you understand 3Es of why fraud happens and the fraud triangle that enables a fraud-friendly environment in the company. We will also discuss some internal controls you could leverage to prevent internal frauds, check frauds, and bulk sales frauds.
transcript	Coming Soon
resources	Coming Soon
discuss	Coming Soon

instructor

name	title	image	description
ROBERT SHULTZ	Founder, Quote to Cash Solution		Robert Shultz has had a thirty-year career as a global credit and financial executive for large multinational companies. As a Founding Partner of Quote to Cash Solutions (Q2C) LLC, he provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries.

recommendation

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	Financial Statement Analysis	Financial Statement Analysis for Trade Credit Analysts	Analyze customer's financial situation using factors such as key ratios, trends, and cash flow	https://academy.highako.com/financial-statement-analysis-for-trade-credit-analysts-course	80 min
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tribe

widgetType	Id	components
topic	ar-frauds-and-laws	input

Curriculum60 Mins

Frauds 101: Do You Have a Fraud Friendly Environment ( ~10 Mins)
Preview

Introduction to Business Fraud
B2B Fraud: Understanding the 3E's of Motivation
B2B Fraud Triangle: A Detailed Overview
Beginner's Guide to Detect and Prevent Frauds ( ~20 Mins)
Different Types of Business and Internal Fraud
6 Red Flag Indicators to Detect Fraud
6 Ways to Prevent Business Credit Frauds
3 Major Actions to Take When a Fraud is Discovered
Potential Warning Signs for Fraud ( ~20 Mins)
Types of Business Frauds in AR & Its Indicators
AR Fraud Prevention Controls and Recourse to Recover Lost Money
Using Procedures to Prevent AR Frauds
Step by Step Guide to Handling an AR Fraud
How to Prevent Internal Frauds ( ~10 Mins)
Introduction to Internal Frauds and the Fraud Triangle
Internal Frauds Case Study 1
Internal Frauds Case Study 2
Early Warning Signs to Identify Frauds

About this Course

promoImage

description

lessonOverview	Companies have lost $42 billion over the last 24 months to frauds says PwC Global Economic Crime and Fraud Survey Report 2020. And those were the ones that were officially reported! How often do you audit your business to identify these frauds and find why they occur? This course gives credit managers a crash course in fraud detection, prevention, and steps to follow if it happens in your company. It helps you understand 3Es of why fraud happens and the fraud triangle that enables a fraud-friendly environment in the company. We will also discuss some internal controls you could leverage to prevent internal frauds, check frauds, and bulk sales frauds.
transcript	Coming Soon
resources	Coming Soon
discuss	Coming Soon

instructor

name	title	image	description
ROBERT SHULTZ	Founder, Quote to Cash Solution		Robert Shultz has had a thirty-year career as a global credit and financial executive for large multinational companies. As a Founding Partner of Quote to Cash Solutions (Q2C) LLC, he provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries.

recommendation

image	tag	title	description	link	duration
	Financial Statement Analysis	Financial Statement Analysis for Trade Credit Analysts	Analyze customer's financial situation using factors such as key ratios, trends, and cash flow	https://academy.highako.com/financial-statement-analysis-for-trade-credit-analysts-course	80 min
	Credit Policy	Credit Risk Assessment Training for Trade Creditors	Evaluate your customer creditworthiness and learn how to assess credit risk and create credit scoring models.	https://academy.highako.com/trade-credit-risk-assessment-course	40 min
	Credit Scoring	Business Credit Report Analysis and Evaluation Tutorial	Understand and analyze cash flow, P&L/Income statements, and balance sheets.	https://academy.highako.com/trade-credit-report-analysis-course	80 Min

tribe

widgetType	Id	components
topic	ar-frauds-and-laws	input

Curriculum60 Mins

Frauds 101: Do You Have a Fraud Friendly Environment ( ~10 Mins)
Preview

Introduction to Business Fraud
B2B Fraud: Understanding the 3E's of Motivation
B2B Fraud Triangle: A Detailed Overview
Beginner's Guide to Detect and Prevent Frauds ( ~20 Mins)
Different Types of Business and Internal Fraud
6 Red Flag Indicators to Detect Fraud
6 Ways to Prevent Business Credit Frauds
3 Major Actions to Take When a Fraud is Discovered
Potential Warning Signs for Fraud ( ~20 Mins)
Types of Business Frauds in AR & Its Indicators
AR Fraud Prevention Controls and Recourse to Recover Lost Money
Using Procedures to Prevent AR Frauds
Step by Step Guide to Handling an AR Fraud
How to Prevent Internal Frauds ( ~10 Mins)
Introduction to Internal Frauds and the Fraud Triangle
Internal Frauds Case Study 1
Internal Frauds Case Study 2
Early Warning Signs to Identify Frauds