Guest: Baptiste Collot – CEO and co-Founder, Trustpair

Host: Justin Morse – Vice President, Solution Advisory, SAP Americas, Finance & Spend

Host: Erik Derenne – Director, Center of Excellence, SAP North America, Finance & Spend

If you’ve ever fallen victim to payment fraud in your personal life life, you know that it can be expensive, time-consuming and leaves you feeling very vulnerable. Unfortunately, fraud is not simply limited to the consumer. It also impacts thousands of companies each year to the tune of millions of dollars in losses. So, what can be done to protect your business and prevent fraudulent activity?

Our guest today is Baptiste Collot, CEO and co-Founder of Trustpair, a best-in-class fraud prevention platform. Baptiste began his career working in the treasury department of a multinational company, when he had an epiphany about why they were losing money on vendor payments. All signs pointed to the data journey from vendor onboarding across the entire procure-to-pay chain and through various systems in finance, AP and procurement.

Enter Trustpair, a platform that uses technology to help companies better trust their data by securing the entire procure-to-pay process. Baptiste explains the evolution of fraud in the vendor payment space, why it is such a growing concern, and how solutions from companies like Trustpair and SAP can help prevent fraud at the ultimate source…the data.

So, let’s dive in, and don’t forget to like, share, and subscribe. I am your host Erik Derenne, and you’re listening to The Future of Procurement Podcast.

Show notes:

Follow SAP: https://www.linkedin.com/company/sap/

Follow SAP Ariba: https://www.linkedin.com/company/ariba/

Follow Baptiste: https://www.linkedin.com/in/bcollot/

Follow Justin: https://www.linkedin.com/in/justinmorse/  

Follow Erik: https://www.linkedin.com/in/erik-derenne/

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