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September 7, 2012

Companies Are
Losing 5 Percent of Their Annual Revenue To Fraud, With Small
Organizations Disproportionately Suffering

PALO ALTO, CALIF.— Sept. 7, 2012 —, the leader in integrated bill payment,
invoicing and cash management solutions for businesses, today announced it will
explore seven easy ways to protect businesses from fraud in a free webinar on
Monday, September 10th, at 1 p.m. PT. To register for the webinar,
please visit

is a concern for any business, but small organizations are disproportionately
victimized, with the typical organization losing five percent of its annual
revenue to fraud. This webinar featuring René Lacerte, founder and CEO of
and customer Darsi Casey, CPA, Managing Partner of Casey, Neilon &
Associates, will cover topics including:

  • what to watch for in the three top categories of fraud;
  • the five departments where 71 percent of fraud has been happening
    in 2012;
  • the 11 most common fraud schemes; and
  • the four places companies are most vulnerable and exposed.

“Fraud is a real
issue for businesses of all sizes, and we are pleased that our cash flow
command and control system can help solve this age-old problem,” said René Lacerte, founder and CEO of “We encourage any
business owner to attend our webinar to pick up some useful tips on how to protect
themselves and reclaim their lost revenue.” delivers
a complete web-based financial solution for businesses and accountants that provides the tools, information,
and collaboration required to better manage their financial tasks and optimize
cash flow.'s game-changing technology digitizes a historically
paper-based and time-consuming process, allowing users to access online bill
payments, e-invoicing, document management, and automated workflow through one
easy system. In addition to seamlessly integrating with business' existing
accounting software programs, provides financial leaders with a
comprehensive view of their cash forecast – making it the only solution that
connects a user's banks, bookkeeping, and business.  

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