Expense Fraud
Digital mileage tracking can reduce business expenses
Asking employees to estimate the distances they travel on road trips is an unreliable method of managing company costs. It’s…
Read MoreHow automating processes can reduce expense and invoice fraud
Wherever there’s business inefficiency – there’s also the ever-present risk of fraud It’s no coincidence that two of the risk…
Read MoreWebexpenses ‘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…
Read MoreThe ‘meaty’ problem of ethics and employee business expenses
Business expenses are no stranger to the breach of ethics; but, many businesses are taking unique initiatives to ensure a…
Read MoreHow a business expense claim can be used to cover friend and family expenses
The problem with business expense claims Business expenses are often seen to be exploited as a cover for an expense…
Read MoreWhy are companies failing to challenge suspicious expenses?
from our UK office Expense fraud is still commonplace amongst global industry, with many businesses still not challenging suspicious expense…
Read MoreWhy do businesses tolerate mileage expense fraud?
A study commissioned by Webexpenses in 2017 found that 47% of the employees surveyed admitted to having exaggerated or falsified…
Read MoreFour important steps to stop expense fraud in its tracks
Expense Fraud: An expensive issue A recent Business Wire survey found that nearly $3 billion a year is lost to…
Read MoreThe tell-tale signs that you’ve outgrown your expense process
Time to update your expense management process The failure to notice small changes can result in major problems when you’re…
Read MoreFive reasons expense management needs to move beyond spreadsheets
Any business that uses Excel spreadsheets to manage their employee expenses could be reasonably described as having a ‘digital’ system.…
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