Are You at Risk of Fraud From Your Payment Operations?

Find out what level your company's risk falls into (low to very high risk) and learn how to mitigate it.

Take the 3 minute risk assessment survey and see your score.

START ASSESSMENT

Question 1

Is there more than one system (including A/P) sending payment files directly to your bank(s)?

Yes

I don't know

Question 2

Do you have a digital payment workflow for all of your payments?

Yes

I don't know

Question 3

Do treasury and A/P have the same levels of payment controls and approvals?

Yes

I don't know

Question 4

Do you have proactive limit management depending on the payment type or amount?

Yes

I don't know

Question 5

Do exceptional payments (e.g. more than the double average amount, abnormal frequency, etc.) generate automated alerts for internal investigation?

Yes

I don't know

Question 6

Is there any scenario where the individual who requested or entered the payment can also approve the payment?

Yes

I don't know

Question 7

Can an individual who modified a payment also approve the same payment?

Yes

I don't know

Question 8

Is it possible that a payment can be modified after final approval (in the system or in the file to be uploaded to the bank)?

Yes

I don't know

Question 9

Can suspicious payments be detected in real time before transmission to the bank (e.g., first time payment to a supplier, unusual amount, etc.)?

Yes

I don't know

Question 10

Are payments screened against OFAC and other sanctions list at payment transmission?

Yes

I don't know

Are You at Risk of Fraud From Your Payment Operations?

Question 1

Question 2

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Question 4

Question 5

Question 6

Question 7

Question 8

Question 9

Question 10

See Your Results!