Fraud in Plain Sight: What Property Management Finance Leaders Must Do Now
Payment fraud isn’t breaking AP controls at property management companies. It’s quietly exploiting them. New research from WBR Insights and Edenred Pay shows that 45% of property management organizations experienced attempted or successful payment fraud in the past year, yet most finance teams are not confident in their ability to detect and stop it.
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Edenred Pay, an Edenred Company, is a leader in accounts payable automation, offering solutions for invoice-to-pay automation, invoice automation, integrated payables, and virtual card payments. Our platform connects businesses with suppliers, ERPs, banks, FinTechs, and payment rails to automate, optimize, and monetize the entire invoice-to-pay lifecycle – from invoice receipt through payment reconciliation. With tailored solutions for industries such as media and advertising, golf, hospitality, property management, and healthcare, Edenred Pay helps businesses streamline AP, enhance visibility, mitigate payment fraud and compliance risk, and unlock new revenue opportunities through payment monetization.