Finance controllers know that travel and expense is one of the major expense categories in their organization. Businesses with frequent travelers should be aware that T&E is often a target for fraud. Modern T&E systems provide tools that evaluate spending trends and can find payment fraud. An online spend management solution, and the use of […]
Different Types of Expense Fraud and How to Control Them Read More »
In any organization, expense reimbursement fraud can happen in a number of ways. So, which type of organization is most vulnerable and what are the best practices organizations can adopt to reduce the risk of fraudulent claims? Fraud can happen even in organizations with company wide expense reimbursement policies. If someone is not taking a
Corporate Travel Expenses: Ways to Spot Fraud Read More »
Managing business expenses means tracking piles of paper receipts, shoe-boxing receipts and verifying and validating receipts. This does not have to be the same. With proper planning, corporate travel policy, and expense report software, you can curtail employee expense fraud. The following are five strategies that help you spot fraud in expense management in your
5 Strategies to Spot Employee Expense Fraud Read More »
