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Create policies that detail exactly how to verify invoices prior to paying them.
As a consumer, a great place to start is the Federal Trade Commission (FTC), the U. The FTC offersto keep consumers up-to-date on the latest scams.
Accounts payable departments are notoriously behind in their duties.
Many are just trying to stay afloat and pay as many invoices as they can, without a lot of due diligence.
Use these alerts and the FTC site to educate yourself.
Business owners will need to educate themselves AND their employees - specifically, accounts payable staff.