Every company should be concerned about white-collar crime. Because many misdeeds related to accounts payable are committed by high-ranking staff members within a business, it's particularly important that objective measures of discovering discrepancies are in place. For this reason, only is this related to the fact that these professionals are often in positions in which they have direct access to finances, but they tend to be well-educated and respected. Because of this, the source emphasized that high-level managers can leverage their "social and cultural background[s]," along with their various skills and knowledge, to slip under the radar.
Additionally, managers are often skilled at persuading others to see things their way or follow their requests. If strong financial controls aren't in place, it's very possible for senior executives and those in similar positions to abuse their power, damaging accounts payable.