False Invoicing

False invoices can cause businesses many problems. Supplier fraud can occur during the invoicing stage of the procurement process. It could be in the form of a false or duplicate invoice, or an invoice that contains prices exceeding the agreed contract rates. It could overcharge per unit or include hidden costs such as administration or delivery charges. This type of fraud can cost businesses dearly. Training staff to recognise false invoices protects the company's assets and reputation.Spotting them when they arrive is key to avoiding this issue – but that is sometimes be easier said than done. Fraudulent companies can go to great lengths to make their false invoices seem legitimate or impersonate genuine companies. In this microlearning course you will explore how false invoicing can result in supplier fraud and earn customer rating stars for correctly identifying how it can be recognised and prevented.

Course syllabus:

  1. Why someone might send a false invoice

  2. Red flags that suggest an invoice is fraudulent

  3. The importance of due diligence on suppliers that send invoices

  4. How to check if an invoice is genuine

  5. What to do if you discover you have received a false invoice