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Small Business Fraud: Small Business Invoice Fraud Prevention
EPCOR's Did You Know video series covering payments changes and updates as well as helpful tips, tricks and things to keep in mind.
Did you know... invoice fraud poses a significant threat to small businesses as it causes substantial fraud losses and potentially debilitating operational consequences? According to the FBI, just in the U.S. alone, invoice fraud costs businesses more than $3 billion each year.
Let’s take a quick look at invoice fraud and some practical tips small businesses can use to reduce their chances of becoming the next victim.
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