The cost of catching AP errors too late

As your invoice volumes grow, so does the risk.
A duplicate gets paid. A credit gets missed. A statement sits unreconciled. You usually find out at close, in an audit, or when a supplier calls asking questions.
Invoice risk doesn't live in one moment. It builds across the whole lifecycle. Your ERP controls are limited and your audits only look back after the fact. Neither watches the life in between, which is exactly where errors hide, fraud happens, and cash leaks, especially across multiple ERPs.
AP Assurance closes that gap, catching what's wrong before the money leaves and reconciling what's owed after. The result is stronger financial control across the invoice lifecycle, with fewer surprises at close and less manual work. That's the next stage of ILM maturity.
Trusted where it counts:
- $190M in duplicate payments and mispostings prevented in single year
- 90% less manual effort on statement reconciliation
- $1.6T in spend protected from erroneous payments and fraud
What you'll take away:
- Understand where AP risk accumulates across the invoice lifecycle
- How duplicate and erroneous payments happen, and why many are never recovered
- Why vendor master data decays over time and increases payment risk
- Why supplier statement reconciliation remains critical, but is often skipped or handled manually
- What continuous verification looks like, before and after payment
Who this is for:
- Heads of AP and AP Operations Managers accountable for clean payments and supplier relationships
- Shared Services and GBS leads carrying accuracy and efficiency across the function
- Internal audit teams who lack tools to monitor integrity of finance transactions
- Finance Directors and CFOs responsible for working capital and financial integrity
Date: Thursday, June 25
Duration: 45 minutes