Ryan Corlett, Webexpenses Managing Director for North America explains, reimbursement of employee expenses—for travel, meals, and accommodation—is an area of business life that, in theory, should be simple. So how is it that something so seemingly straightforward has become such a painful, troublesome, and risk-filled area of company finances? Why do our finance teams continue to struggle to keep proper control of these costs?
The methods used to commit workplace fraud are becoming more sophisticated; the management processes designed to prevent them are not. This was the core finding of a global report on the challenges that are posed by employee expense fraud.
Read the full article on HR Technologist.