Sebastian de GoeijShort answer
In invoice fraud a business receives a real or fake invoice with a different account number, so the payment goes to the fraudster. An IBAN check compares the account on the invoice with what is known for the supplier and flags deviations. Autoboeker checks IBANs during processing and flags unknown suppliers, high amounts and unusual behaviour.
Key takeaways
- A new IBAN for a known supplier is always a signal.
- Verify changes through a known channel.
- Combine with checks on unknown suppliers and high amounts.
- Approval on large amounts adds a control point.
How do you set up controls?
Technical checks and working agreements reinforce each other.
- 1Check the IBAN on every invoice and flag deviations.
- 2Send unknown suppliers, high amounts and unusual behaviour to review.
- 3Always verify IBAN changes by phone via a known number.
- 4Require approval above a limit.
- 5Flag duplicate invoices and contacts.
FAQ
Questions about this topic.
Yes, on every invoice, for all connected packages.
How Autoboeker solves it
