Webexpenses ‘Angels vs. Devils’ – An Expense Fraud Study

Why is expense fraud so devilishly prevalent?

Exaggerated costs, falsified journeys and wildly off-policy claims – employee expense reports can be spine-chilling reading for finance professionals.

Expense fraud is a major problem, one that contributes to the $2.9 trillion annual business losses that are suffered globally each year as a result of fraudulent activities.

Our latest research shines a light on exactly what’s driving the problem – highlighting the workplace battle that’s taking place between employees’ inner expense ‘angels’ and ‘devils’.

It’s a battle that’s currently being won by the pitchfork wielders. Surveying more than 4,000 office workers across the globe, 47% admitted to having falsified or exaggerated their expense reimbursements.

The reasons they gave provide valuable insight into the root causes of expense fraud and some effective strategies that can be used to tackle the issue. The main ‘devils’ revealed were:

‘Everyone does it’

Just under a quarter of respondents (24%) used the fact that expense fraud was so commonplace within their workplace as a justification.

Poor management and monitoring of expenses

Nearly nine-out-ten employees (84%) said they had never had an expense report challenged or rejected. Over a third (37%) said a ‘sensible’ fraudulent claim would never be detected.

Unofficial ‘bonus’ system

Using dodgy reimbursement claims as a way to ‘right’ perceived wrongs – such as low pay and long hours – was given as a justification by 39% of expense fraudsters.

The research demonstrates the powerful impact that workplace culture has on employee decision making. For too many businesses, expense fraud has become dangerously normalized.

This is largely as a consequence of finance teams not having the tools they need to effectively manage and monitor reimbursement costs. It’s a task that’s typically still handled manually, with Excel spreadsheets and bundles of paper receipts.

The report looks at how switching to an automated system such as Webexpenses can transform attitudes towards expense fraud. With real-time policy checks and alerts, it allows a finance team to start effectively policing claims.

It provides an effective way to shield a company against ‘scary’ expenses and to start creating a workplace environment in which employees’ inner ‘devils’ are driven away.

Related articles

Excel vs Wbx logos

Excel vs Webexpenses: When Spreadsheets Need an Upgrade 

Excel is brilliant. Let’s be clear about that from the start. It’s been the backbone of finance teams for decades, and for good reason. It’s flexible, familiar, and when you’re starting out or running a lean operation, it absolutely does the job. No one’s going to argue with that.  But here’s the thing: Excel-based expense management has limits. And if you’re reading this, there’s a good chance you’ve already bumped into a few of them.  […]

Scales weighing up between two decisions

Bolt-On Expense Management: Understanding the Trade-Offs Before You Choose

When setting up expense management for your business, the easiest option is often the one that’s already built into your existing software. Most accounting systems, ERP platforms, and HR tools come with an expense management bolt-on as standard. It’s there. It’s included. And if you’re already using Xero, Sage, NetSuite, or Hibob, it feels like […]

Webexpenses vs Pleo logos

Webexpenses vs Pleo: UK Spend Management Comparison 2025

Comparing Webexpenses vs Pleo for UK businesses? We break down pricing, features, card systems and support so you can choose the right expense management platform.