US Businesses Lose on Average $300,000 Per Year Due to Invoice Fraud
Recent survey reveals systemic issues including lack of oversight, cooperation and employee burnout are to blameJacksonville, FL, October 5, 2022 - Invoice fraud is increasing. In the US companies are losing an average of $300,000 per business annually to fraudulent invoices. Even more shocking is the fact that one in four (25%) finance professionals are unaware or unable to even estimate the cost of invoice fraud to their business. This lack of visibility is likely due to the messy paper trails that continue to plague the invoice process. Medius a leading