The top 3 reasons employees commit expense fraud and how stop it

Who commits expense fraud and why do these types of people decide to steal from their own company? These are the big questions that every finance team wonders when they find it’s been festering right under their nose. Adam Reynolds, CEO at Webexpenses explores the most common reasons why people commit expense fraud and talks about how companies can put a stop to it.

  • Why does fraud take place in some organizations and not others?
  • Could it be some financial processes are ineffective, enticing employees to try their luck or that employees feel undervalued or could it just be part of the company culture?

What is clear, is each case is unique and therefore the solutions may alter depending on why it happens.

Read the full article on HR Technologist.

Related articles

Webexpenses and Zudello Merge to Build the Finance Platform of the Future 

On 22 September 2026, we merged with Zudello to build the AI finops platform for the office of the CFO.  For some time now, Zudello has powered AP automation for our APAC customers. They’ve loved the solution. And we’ve always been impressed by the platform. And so, we’ve taken the next step.  Day to day, nothing changes for you: same product, same team, same contract.  What does […]

Mobile expense management: the best platforms compared

Mobile expense management lets your team capture receipts, log mileage and get claims approved from their phones, so employees are repaid sooner and finance sees spend while it’s still fresh.  This guide compares eight platforms businesses use for it, on the things that matter most to finance teams: app usability, reimbursement speed, integrations and policy control.  Disclosure: this guide is written and published by Webexpenses, […]

Why Webexpenses Looks Different This Month 

If Webexpenses looks a little different lately, that’s not a glitch. We’ve changed how it looks, not how it works. Nothing has moved and nothing works differently. We’re calling it the ‘core interface refresh’ internally, but the name matters less than what it means for you: everything still works the way you’re used to, it […]

Platform

FRONT OFFICE

BACK OFFICE

Capabilities

EXPENSES

ACROSS THE PLATFORM

TRUST AND ROADMAP