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The Rise in AP Fraud – Frequency, Sophistication, and Impact

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Sarah Fane
Dec 18, 2024
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Accounts Payable (AP) fraud is surging in frequency and sophistication, with increasing numbers of organizations being targeted each year. In this report, we will share how companies are feeling overwhelmed by the threat of fraudulent attacks and unsure as to how to resolve the issue.

This report dives into the current fraud landscape, sharing key findings from our 2024 survey, including:

  • The Alarming Statistics: 68% of organizations encountered fraud attempts in 2024, with many overwhelmed by multiple attacks.
  • The Key Drivers of Fraud Growth: Generative AI, manual processes, remote work, and growing supplier bases are making AP departments more vulnerable.
  • Practical Prevention Measures: Insights into how automation, cross-departmental collaboration, and fraud-focused training can mitigate risk.

Discover actionable strategies to strengthen your fraud defenses and protect your AP function from these escalating threats.

Download the report now to assess your organization’s exposure and take proactive steps to stay ahead of AP fraud.

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