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Showing posts with the label Financial Management with Microsoft Dynamics NAV

How Does Financial Management Software Reduce Fraud Risks?

  In the advancing B2B payment world, fraud attempts have elaborated even more. Whether it’s a large enterprise, small and mid-sized business, or non-profit organization, payment fraud has made its way. A survey revealed that the prevalence of frequent and substantial payment fraud has impacted businesses quite adversely. As it has become more common, IT teams are paying extra attention to B2B payments fraud. Most of the security professionals are unconvinced and uncertain their organizations have deployed adequate technology to prevent payment fraud.   How Power BI Ensures Accurate & Informed Decisions If it seems astonishing why B2B payments are facing such escalation in fraud risks, one must no go far and just look that way business organizations handle accounts payable these days. Not only the accounts payable team is leaving loopholes for error by entering invoice data manually and juggle dozens of invoice approvals over mail. Furthermore, they continue to rely onp