Fraud has increased dramatically in recent years, and all signs indicate that this trend will continue. We have listed the most common types of fraud. External fraud Fraud has increased dramatically in recent years, and all signs indicate that this trend will continue. Today, limited liability companies are a natural part of criminals' arsenal. It is estimated that at least five...
Today we welcome Gustaf Pettersson as the new Business Development Manager at Betalkontroll. Gustaf has previous experience from auditing at Deloitte and transaction advisory services at Alvarez & Marsal. "During my time at Deloitte, I understood the value of effective and reliable internal control. Betalkontroll has developed software that effectively helps companies avoid incorrect payments and fraud...
Read our guidelines for secure payments. Learn about our recommended measures for increasing internal control throughout the entire process, from purchasing to payment. We also describe risks and common deviations that result in incorrect payments. Enjoy reading! Fill in the form and we will send you a copy free of charge.
Many thanks to Nordea and to everyone who attended Nordea CM Academy yesterday! It was great to be there and share our experiences of internal control in the purchasing-to-payment process. We talked about risks and how to manage them in order to avoid incorrect payments. Read more about Nordea CM Academy
Betalkontroll™ has been invited to speak at Nordea CM Academy. We will hold the first session of the day (approx. 45 min) starting at 10:00 a.m., where we will discuss how internal and external fraud is carried out and where in the process internal controls can be increased to avoid various types of risks and incorrect payments (everything from fraud to manual errors). With...
Incorrect payments of supplier invoices occur in all companies and organizations. 15% of incorrect payments are never recovered Our analyses show that companies recover an average of 85% of incorrectly paid supplier invoices. The main reason for this is that the supplier contacts the company and returns the incorrect payment. Another reason is that the company itself discovers the error and...
Companies are always subject to fraud and other financial crimes. The methods are numerous and the frauds are sophisticated. Security gaps in existing business processes are exploited, with the payment process being one of them. A very important one at that. It is reasonable to believe that the majority of errors and attempted fraud are detected in time thanks to experienced and competent...
Incorrect payments of supplier invoices occur in virtually all companies and organizations. In some cases, the supplier discovers this and corrects the incorrect payment, but far from all do so. Below, we list the five most common reasons why double payments occur. 1. The supplier uses a factoring company An existing supplier starts using a factoring company, but the payment is made...
Common consumer goods at extreme markups, advertisements on unknown websites that few have ever visited, and job advertisements for positions that have already been filled. This involves 7,000 invoices that are said to have been paid to companies behind various forms of so-called fake invoices. A total of SEK 88,448,617 has been paid out by municipalities, county councils, and government agencies. You have...
Wow, what a summer we've had! Now we're back and raring to go for the fall. We're celebrating today with a new version of Betalkontroll™ that includes both language support and a new messaging component. This version includes the following: Language support – you can now use Betalkontroll™ in English New component for quick viewing and access to credit reports, comments, and...
