How do you avoid fraud attempts on Transphere?

By applying some best practices on Transphere, you can significantly reduce the risk of fraud.

• Do not modify your supplier’s banking information after receiving an email. Fraudsters prefer to avoid telephone contact because they don’t want to be identified.
• Whether you use Transphere or not, take the time to confirm the requested changes directly with your supplier. Do not rely on the information provided in the email or in your accounting system: instead, use the telephone number provided on a recent invoice or on your supplier’s official website.
• Never create a profile for your supplier (anonymous invitation) without having first validated the information with your supplier verbally. A profile created without doing this check is beneficia for a fraudster.
• Before inviting a supplier to create a profile (standard invitation), check the authenticity of their email address. This crucial step can protect you against ill-intentioned individuals.