Validate your vendor bank account information to avoid returned ACH payments and to avoid paying a fraudster. Avoid Business Email Compromise (BEC) and other social engineering scams by verifying that the banking information belongs to your vendor. Learn what tools are available for bank account ownership validation and build a business case to get it approved by leadership. Want that 3rd Party Tool to verify bank account ownership for your vendors and avoid fraud? Attend this training to build that business case to submit to leadership.
After this session participants will be able to:- Identify what should be included in a business case for a third party tool for bank account ownership validations
- Identify third party tool providers that offer bank account ownership validations and initial features each offers
- Understand what third party tools can do and what that cannot when performing validations for bank account ownership
To enroll in this training session:
1. Click the "PURCHASE" or "ACCESS" button above.
2. Attend Live: Click the link in the first section to attend on the live date and time or add it to your calendar.
3. Watch On-Demand: Access the recording and handouts sections.
Additional Information
- Session Recording: On-demand recordings will be available
within 24 hours of the live session. The
last recorded session will remain available until the next live session recording
replaces it.
- IOFM CEU Credit(s) is (are) earned for live, in-person or recorded sessions after the successful completion of the exam.
- ACFE CPE Participant Credit(s) is (are) earned for live or in-person after the successful completion of the exam.
- ACFE CPE Self-study Credit(s) is (are) earned for or recorded sessions after the successful completion of the exam.
- Session Access: Access is
available for one year from original enrollment date, or at the expiration of a
Training Pass membership.
- Prerequisites: None
- Who Should Attend: This training session is for employees
performing or managing the vendor setup and maintenance process. This includes adding and updating vendor
records, as well as responding to vendor inquiries regarding vendor data
included on the vendor record.
- Advanced Preparation: None
- Program Level: Beginner
- Delivery Method: Group Internet, Self-Study, In-Person
- Field of Study: Accounts Payable, Procure-to-Pay, Production, Fraud Prevention and Deterrence
- Live Attendance: All students attending live sessions must log on within the first 20 minutes. Debra R Richardson LLC reserves the right to end any scheduled live training session after 20 minutes if no registered students have logged into the session.
- Refunds and Cancellations: Requests for refunds must be received in
writing. A full refund is available for
any training session not attended or recording not viewed. Rescheduling to a future session is available
at no cost up to one year after the original purchase. Vendor Process Training Pass Members will not
be subject to a refund nor a cancellation fee as this session is included in
the cost of the training pass, and the member will have access until the
expiration date of the training pass. For more information regarding refund,
complaint, and/or program cancellation policies please contact our offices at
313-572-1598.
