How to Manage Risk in Your Procure to Pay (P2P) Operation through Continuous Controls Monitoring (CCM) and Continuous Transaction Monitoring (CTM)

In my last blog, we discussed the challenges in managing risk in the supplier management process within the procure to pay (P2P) process. If we dive deeper into the day-to-day P2P transactional operations we find that that is virtually impossible to manually screen each supplier or invoice for fraudulent trends and anomalies, especially in “real [...]