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Intraprisetechknowlogies
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Billcom
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Free cpe webinars
AP Automation and Internal Controls: Best Practices and Safeguards

AP AUTOMATION AND INTERNAL CONTROLS: BEST PRACTICES AND SAFEGUARDS

Cost Free
Presentation Length 1.0 hour

Recorded DateFebruary 13, 2025
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAuditing
Course LevelBasic
Course Description

In today's digital landscape, many organizations have transitioned to automated accounts payable systems. However, this shift may inadvertently expose them to heightened risks of fraud. This session delves into the critical need for maintaining separation of duties and reevaluating internal control mechanisms in response to the escalating threat of fraudulent activities in the payments sphere.

Attendees will gain valuable insights into safeguarding their financial processes and protecting both their enterprises and clients. Join us to discover practical strategies for optimizing AP automation while fortifying internal controls against potential fraud risks.

Learning Objectives:


  • Identify common automation strategies used in accounts payable workflows

  • Recognize key areas within AP processes vulnerable to fraudulent activities

  • Describe effective internal control mechanisms that mitigate the risk of AP fraud

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

Donny Shimamoto

IntrapriseTechKnowlogies LLC
Managing Director
[email protected]
(866) 737-9991 x7200

Intraprisetechknowlogies

Donny is the founder and managing director of IntrapriseTechKnowlogies LLC, an advisory-focused CPA firm specializing in organizational development and innovation management for small businesses, middle-market organizations, and nonprofits.

Donny is a recognized thought leader and educator in the Accounting Technology, IT Risk Management, and Performance Management fields; his dedication to helping accountants and organizations leverage strategic technologies while proactively managing their business and technical risk is paramount.
Donny also serves as an outsourced IT and Innovation "Partner" and advisor for local and regional accounting firms and internal audit departments that lack in-house IT leadership and IT audit expertise. He helps with IT risk assessments and IT advisory services, developing firms' innovation strategy, streamlining internal firm operations, and increasing staff proficiency with IT tools supporting client engagements and service delivery.

Donny is a past chairman of the AICPA's Information Management and Technology Assurance Executive Committee and a former member of its Governing Council, Assurance Services Executive Committee, and numerous other AICPA committees and task forces. Donny was recognized as one of the Top Thought Leaders in Public Accounting by CPA Practice Advisor from 2012 to 2018, Top 100 Most Influential People in Accounting (2013 & 2014 & 2017) by Accounting Today. He received the 2009-2010 President's Award from the Hawaii Society of CPAs, and was also named to CPA Technology Advisor's 40 Under 40 list in 2007 & 2009 & 2014, and was a Hawaii Top High Tech Leader in 2004.
 

About Our Sponsor

Billcom
BILL (NYSE: BILL) is a leader in financial automation software for small and midsize businesses (SMBs) and for the accountants that serve them. We are dedicated to automating the future of finance so businesses can thrive. 

Headquartered in San Jose, California, BILL is a trusted partner of leading US financial institutions, more than 8,000 accounting firms, and accounting software providers. 

We empower accountants, bookkeepers, EA's, business owners, CFOs, and controllers to save time and take control of their payables, receivables, spend, and expense management. For more information, visit bill.com.