Tag

fraud prevention

14 articles tagged with "fraud prevention".

Fraud PreventionFeb 18, 2026

How AI Catches Duplicate Invoices That Humans Miss

Human reviewers catch about 60% of duplicates. Our AI catches 99.7%. Here's the technology behind fuzzy matching and anomaly detection.

Alex Kim6 min read

Best PracticesFeb 4, 2026

AP Controls Framework: Internal Controls for Private Construction Companies

Public companies have SOX (Sarbanes-Oxley) to force internal controls discipline. Private construction companies have the freedom to build whatever controls structure they want — which often results in gaps that become expensive at audit time, claim time, or fraud time. Here is a practical AP controls framework that private construction companies can adopt without becoming SOX-level bureaucratic.

Sarah Blake9 min read

AP AutomationMar 12, 2026

Vendor Master Data Hygiene: The Housekeeping That Prevents Fraud, Duplicate Payments, and 1099 Failures

A vendor master file that's been accumulating additions for years without cleanup is a source of duplicate payments, fraud opportunities, stale bank routing numbers, expired W-9s, and 1099 year-end chaos. Vendor master hygiene — periodic deduplication, status review, TIN validation, and banking verification — is one of the highest-ROI AP disciplines that most teams skip.

Alex Kim7 min read

AP AutomationApr 24, 2026

Positive Pay and Banking Fraud Prevention: The Bank Service That Stops Check and ACH Fraud Before Posting

Positive Pay services let banks compare presented checks against issued check files, blocking unauthorized items before posting. ACH Positive Pay extends to electronic transactions. Combined with check stock controls and dual approval, Positive Pay substantially reduces payment fraud. Understanding the service helps construction companies protect against fraud that traditional bank reconciliation only catches after the fact.

Sarah Blake4 min read

AP AutomationApr 25, 2026

Virtual Card Payments for Construction: Single-Use Card Numbers Replacing Checks for Vendor Payments

Virtual cards are single-use card numbers replacing checks for vendor payments. Generate per invoice, vendor receives card number, processes as credit card payment. Substantial fraud reduction, rebate revenue, and AP efficiency. Understanding virtual cards helps construction firms evaluate this payment innovation.

Alex Kim4 min read

Best PracticesMay 7, 2026

Vendor Onboarding for Construction AP Teams

Most AP problems are onboarding problems that surfaced later. A missing W-9, an unverified bank account, a duplicate vendor record — each one is cheap to prevent at intake and expensive to fix after the first payment. Here is how to build vendor onboarding that holds.

Sarah Blake7 min read

Fraud PreventionMay 11, 2026

Segregation of Duties in Accounts Payable

Most AP fraud is not sophisticated — it is one person who controls too many steps. Segregation of duties is the control that makes a single bad actor unable to complete the scheme alone. Here is how to design it without grinding AP to a halt.

Sarah Blake7 min read

Fraud PreventionMay 13, 2026

Stopping Vendor Bank-Change Fraud

An email arrives: a vendor you know, updating their bank details for the next payment. It looks routine. It is the most lucrative fraud in accounts payable. Here is how the scam works, why it keeps succeeding, and the one control that stops it.

Alex Kim7 min read

Fraud PreventionMay 16, 2026

Vendor Bank-Account Change Fraud: Verifying Payment-Detail Change Requests

An email asks you to update a subcontractor's bank account before the next draw. Pay it without verifying and the money is gone. Here is the procedure that stops it.

Alex Kim8 min read

Fraud PreventionMay 16, 2026

Recovering From a Fraudulent Payment: An Incident-Response Playbook for AP

A fraudulent payment is a race against the clock. Here is the hour-by-hour playbook for the first 72 hours — bank recall, IC3, insurance, and evidence — when money has already left the building.

Alex Kim8 min read

Fraud PreventionMay 16, 2026

Kickback Schemes in Construction Procurement: How They Work and How to Catch Them

A buyer steers awards to a favored sub, the sub inflates the price, and they split the difference. Here is how procurement kickbacks work in construction — and the red flags that expose them.

Marcus Reyes8 min read

Fraud PreventionMay 16, 2026

Internal AP Fraud: Detecting Payment Fraud Committed by Insiders

The most expensive AP fraud is not the spoofed email — it is the trusted employee with too much access. Here are the insider schemes, the segregation gaps that enable them, and how a lean construction AP team detects them.

Marcus Reyes8 min read

Fraud PreventionMay 16, 2026

Spotting Subcontractor Overbilling: Padded Labor, Inflated Quantities, Phantom Work

Most subcontractor overbilling is not outright fraud — it is optimistic billing that goes unchallenged. Here is how to catch padded labor, inflated quantities, and phantom work before the check goes out.

Marcus Reyes8 min read

Fraud PreventionMay 16, 2026

New-Vendor Due Diligence: Verifying a Vendor Is Real Before the First Payment

The first payment to a new vendor is the riskiest one your AP team will ever make. Here is the verification checklist that confirms a vendor is a real business before a dollar leaves the building.

Marcus Reyes8 min read

Make construction AP
pay-ready.

Stop chasing waivers. Stop reconciling spreadsheets. Stop releasing payments on documents nobody fully checked.

Start free trial View pricing

14-day free trialSelf-serve setupCancel anytime

Plans from $1,299/month

How AI Catches Duplicate Invoices That Humans Miss

AP Controls Framework: Internal Controls for Private Construction Companies

Vendor Master Data Hygiene: The Housekeeping That Prevents Fraud, Duplicate Payments, and 1099 Failures

Positive Pay and Banking Fraud Prevention: The Bank Service That Stops Check and ACH Fraud Before Posting

Virtual Card Payments for Construction: Single-Use Card Numbers Replacing Checks for Vendor Payments

Vendor Onboarding for Construction AP Teams

Segregation of Duties in Accounts Payable

Stopping Vendor Bank-Change Fraud

Vendor Bank-Account Change Fraud: Verifying Payment-Detail Change Requests

Recovering From a Fraudulent Payment: An Incident-Response Playbook for AP

Kickback Schemes in Construction Procurement: How They Work and How to Catch Them

Internal AP Fraud: Detecting Payment Fraud Committed by Insiders

Spotting Subcontractor Overbilling: Padded Labor, Inflated Quantities, Phantom Work

New-Vendor Due Diligence: Verifying a Vendor Is Real Before the First Payment

Make construction APpay-ready.

How AI Catches Duplicate Invoices That Humans Miss

AP Controls Framework: Internal Controls for Private Construction Companies

Vendor Master Data Hygiene: The Housekeeping That Prevents Fraud, Duplicate Payments, and 1099 Failures

Positive Pay and Banking Fraud Prevention: The Bank Service That Stops Check and ACH Fraud Before Posting

Virtual Card Payments for Construction: Single-Use Card Numbers Replacing Checks for Vendor Payments

Vendor Onboarding for Construction AP Teams

Segregation of Duties in Accounts Payable

Stopping Vendor Bank-Change Fraud

Vendor Bank-Account Change Fraud: Verifying Payment-Detail Change Requests

Recovering From a Fraudulent Payment: An Incident-Response Playbook for AP

Kickback Schemes in Construction Procurement: How They Work and How to Catch Them

Internal AP Fraud: Detecting Payment Fraud Committed by Insiders

Spotting Subcontractor Overbilling: Padded Labor, Inflated Quantities, Phantom Work

New-Vendor Due Diligence: Verifying a Vendor Is Real Before the First Payment

Make construction APpay-ready.

Make construction AP
pay-ready.

Make construction AP
pay-ready.