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 Webonboarding and 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.