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5 Safeguards to Prevent Mileage Expense Fraud

5 Safeguards to Prevent Mileage Expense Fraud

$40,000. That's the median loss for a company per single expense reimbursement fraud case. According to the 2016 Report to the Nations on Occupational Fraud and Abuse, expense reimbursement fraud - in which an employee makes a claim for reimbursement of fictitious or inflated business expenses such as travel

7 fraud figures that will blow your mind!

7 fraud figures that will blow your mind!

A 2016 report produced by Chrome River shows the impact that employee expense fraud had on organisations in the U.S. The survey was carried out with over 1,000 business travellers across a range of industries. $2.8 Billion: The annual loss to organisations in the U.S due

6 ways to reduce employee expense fraud!

6 ways to reduce employee expense fraud!

Align Policies: If the company doesn't have an employee expense policy then how can the employee be held accountable. The policy should contain all forms of prohibited activity, that way there’s no miscommunication and both sides can be held accountable. Education: Educate employees on the correct way to log