How to spot an unusual payment
Most payments look like the ones before them. Learn the warning signs of one that does not, and what to do about it.
Task 1Warning signs3 questions
Most payments follow a pattern: the same suppliers, similar amounts, an invoice behind each one. An unusual payment breaks that pattern.
- A supplier nobody has heard of, or a payment with no invoice
- A request to change a supplier's bank details
- Pressure to pay today, without the usual checks
- An amount just under someone's authorisation limit
- The same invoice number appearing twice
A request to change bank details is checked by phoning the supplier on the number already held on file, never a number given in the request.
Task 2Look down the payments list3 questions
Task 3What to do about it2 questions