Travel and expense fraud isn’t a finance problem. It’s a human problem. When employees book their own travel and then report their expenses, it can be easy to accidentally or purposely fall outside of the corporate travel policy. Meanwhile, a...
The financial services industry and the fight against fraud The ACFE recently published their 2018 report on global fraud and abuse in the workplace, and the findings are eye-opening. With losses from occupational fraud totaling $7 billion last...
For finance managers, it’s very easy to focus on the risks that fall into your remit: failing to comply with legislation, breaching travel and expense policy, falling victim to fraud, and the like. But businesses face other risks too. And as a...
As the way in which we do business and the ways that employees spend on behalf of organizations continue to increase in complexity, issues around compliance and fraud are also increasing in complexity. Many organizations currently perceive that...
For employees, compliance can be a daunting term as it seems to imply firm rules and strict regulations. Yet compliance doesn’t have to negatively impact employee experience. With the right tools, checks and balances, it may even be possible to...
In part one of our four-part series, we discuss how changes in employee spending and a rise in regulations are costing organizations that have decided to “make do” when it comes to travel and spend management. But the disadvantages to using an...
By now, you’re accustomed to the pains of an ever-increasing list of priorities, and an ever-decreasing budget with which to get them done. In some areas you may be able to get by, but in others, sticking with the status quo can cost you more...
If your organization is like most, your employees are spending more money across more spend categories and using more payment methods than ever before. While this increase in employee flexibility is great for productivity, it often comes with a...
When it comes to investing in technology, it’s natural to ask: what’s the benefit? One way to answer this is to look at what might happen if you don’t invest. In other words – what’s the cost of doing nothing? Our new eBook Why SAP Concur? And the...