Protecting Your Business from Scams: Why Bookkeepers and Accountants Need XBert

As a bookkeeper or accountant, you're responsible for managing the finances of your clients and keeping their businesses running smoothly. But with scams targeting businesses on the rise, it's more important than ever to be vigilant and proactive in protecting yourself and your clients from fraud.

According to Scamwatch data, small and micro businesses lost $13.7 million to scams in 2022 alone, a 95% increase compared to the previous year. Payment redirection scams, also known as business email compromise, were the biggest contributor to these losses.

At XBert, we understand the importance of protecting your business and your clients from scams. That's why we've developed an AI-powered fraud detection and risk management tool that can help you identify potential scams before they become a problem.

XBert integrates with your existing accounting software to provide ongoing alerts and notifications when it detects unusual activity, such as payment anomalies or unusual transaction patterns. With XBert, you can stay on top of your clients' finances and identify any suspicious activity before it becomes a problem.

But XBert is more than just a fraud detection tool. It's also a risk management tool that can help you identify potential issues before they become a problem. For example, XBert can help you identify overdue invoices, duplicated bills, or other issues that could impact your clients' cash flow.

Here are some tips to help you protect yourself and your clients from scams:

• Educate yourself and your clients about the latest scams targeting your industry
• Use XBert to identify potential scams before they become a problem
• Set up two-factor authentication for all of your financial accounts and other sensitive online services
• Use secure passwords for all of your accounts
• Stay vigilant and report any suspicious activity immediately

By taking these steps, you can reduce the risk of falling victim to a scam and help protect your business and your clients' businesses from financial loss and reputational damage.

If you're interested in learning more about how XBert can help protect your business from scams, join us on our upcoming webinar or sign up for a free trial today.

Together, we can work towards a safer, more secure future for businesses everywhere.