This paper outlines six major red flags of P2P fraud: employee-vendor data matches, initial payments under approval limits, and consecutive invoice numbering. It stresses that sampling audits miss most fraud and advocates software-driven detection using continuous monitoring of vendors, employees, and invoices. Case studies show up to 40% of top-risk vendors involved in fraud. APEX’s analytics reduce investigation time from 12 weeks to 3 days, enabling early detection and prevention across global operations.

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