Expense fraud: The little and often concept that could be spreading like wildfire

Big news: we’re introducing cashback on our Corporate Cards. And we’re doing it differently from everyone else in the UK market. While most providers cap your earnings or attach qualifying conditions, we’re launching up to 0.75% (depending on your pricing tier) unlimited cashback on every transaction made with your Webexpenses Card.  No thresholds, no category restrictions, no caps tied to your subscription tier.  Now, if you’re an accountant or finance professional, your immediate reaction is probably healthy scepticism. […]

Picture the scene: A finance function that runs cleanly, month on month. The close lands on time. The forecasts resemble what eventually unfurls in reality. The board pack is on point. For most CFOs, that version exists mostly in theory.  What gets in the way is rarely one big thing. It’s the slow accumulation of small ones – ‘a thousand cuts,’ as the cliché […]

Finance close is meant to be a smooth, predictable process. ‘Meant to be’. But the gap between ‘meant’ and ‘is’ is often a yawning chasm. Every month, you steel yourself. This time we’re going to nail it – and then, the usual happens: unexpected transactions crop up, departments overspend their budgets, and you’re left scrambling to reconcile everything before the deadline.  This is […]