The receivables finance industry faces a heightened risk and development of fraud. Due to the opportunistic nature of the post-pandemic environment, abrupt change in working practices, as well as increasing pressure on organisations, their customers, and their supply chains, fraud is on the increase.
By attending this advanced and comprehensive masterclass you will identify the latest measures on how to detect and prevent fraud, as well as understand how to manage it when it occurs, minimising the effect on your business. You will be able to:Assess the risk of fraud associated with factoring and payables finance transactions
Understand the impact of the pandemic and how to mitigate these risks
Identify signs of fraud, devise and implement strategies to protect your business
Apply different techniques to resolve common issues that may lead to fraud
Implement best practices to manage fraud
This Masterclass is designed for people who already have a working knowledge of receivables finance arrangements. It will focus on the nature of fraud; how it is perpetrated; the impact of the pandemic; the rapid evolution in the nature of fraud practice.
Who should attend?
• Receivables finance practitioners
• Risk and compliance professionals needing a greater understanding of the risks and the opportunities
• Finance directors who want to be updated on the defensive measures to manage and reduce risk.