Survey Shows Need for Better Automation of AP Operations and Fraud Controls; Phixius Was Created to Answer the Call
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A survey by Nacha and Blueflame Consulting and Research found that Accounts Payable (AP) operations face challenges collecting, verifying and maintaining data, which is adding costs and increasing fraud exposure.
“These survey results are exciting because they show, with Phixius, we have created a new utility that will answer the need for better AP controls the industry has asked for,” said George Throckmorton, Nacha Managing Director and Executive Director of Afinis Interoperability Standards. HERNDON, Va. (PRWEB) December 21, 2020 A survey by Nacha and Blueflame Consulting and Research found that Accounts Payable (AP) operations face challenges collecting, verifying and maintaining data, which is adding costs and increasing fraud exposure.