Fraud protection in IFS — how are teams handling AP fraud risk?

Hi everyone,

I wanted to start a conversation around fraud protection in and around IFS, particularly in the accounts payable and supplier payment process.

As more organizations continue to digitize finance workflows, it seems like fraud risk is becoming more sophisticated — especially around things like:

• supplier bank detail changes

• invoice fraud and impersonation

• email compromise / payment redirection

• breakdowns in approval workflows

• limited visibility across AP activity

I’m interested in hearing how others in the IFS community are approaching this.

Are you relying mainly on internal controls within IFS, or are you also using additional tools and processes to help detect and prevent fraud before payments go out?

At Traild, we focus specifically on helping finance teams strengthen fraud controls around AP by adding visibility, auditability, and verification into payment-related workflows. I’m curious whether others here are seeing similar challenges and what solutions or practices have been effective in your environments.

A few questions for the group:

1. What are the biggest fraud risks you’re seeing in your IFS-related AP process today?

2. How are you managing supplier change verification and payment control?

3. Are you confident your current approval workflows would catch a sophisticated fraud attempt?

4. Have you added any external fraud prevention or AP control layers alongside IFS?

Would love to hear what’s working, what gaps still exist, and how others are thinking about this.

Thanks!