IOFM Fall Conference & Expo
Wednesday November 6th – Friday November 8th
Overview
Join the Medius team at the IOFM Fall Conference & Expo. The largest, most comprehensive event dedicated to Accounts Payable and Procure-to-Pay brings together experienced practitioners and innovative strategists to provide an in-depth three-day learning experience. Get proven best practices and tested solutions to the toughest challenges in accounting and finance today.
Medius is changing the game of Accounts Payables Automation with embedded AI solutions taking our customers AP processes to best-in-class!
Visit us at Booth #223 to meet the Medius team in-person and demo Medius’s solution live.
Location:
Caesar’s Palace, Las Vegas, NV
Session: Friday, Nov. 8th - 9:30 am - 10:20 am
Fraud & AP Solutions: Did Your Supplier Change Banks or Are You Getting Robbed?
Fraud shouldn’t just be a “cost of doing business.” Organized crime and disingenuous individuals are becoming far more practiced and professional in the art of stealing from companies. 44% of businesses have been targeted by invoice fraud and 43% of businesses have been hit by Business Email Compromise (BEC) scams, according to a 2024 survey of 1,533 finance professionals from Censuswide Research. We’ll dive into the key insights from Censuswide Research on the current impact of fraud within finance and AP. A Certified Ethical Hacker (someone who specifically trained with FBI agents as well as Nuclear Regulatory Commission agents to understand criminal behavior) will share insights on how you can spot invoice fraud, and more importantly, what steps you can take to prevent it.
Key takeaways from this session include:
- Censuswide Research findings on the current impact of fraud within AP.
- How AI and ML can mitigate the risk of fraud within AP.
Speaker
Daniel Shore
Director North America Value Consulting
Daniel Shore is Director of Solution Consulting at Medius where he’s been for more than five years. Daniel is based out of Dallas-Fort Worth, and has a rich background in finance and solution consulting. Previous to Medius, Daniel was involved in AP Automation projects in companies in various stages between new-IPO and Fortune 10 and revenue ranges between $500M to $2B+ in size. He has a wealth of knowledge of accounting and finance day-to-day operations and the challenges that are presented.