How well-protected is your organization from expense fraud? What controls are in place? ARE there controls in place?
With a recession looming and the Coronavirus pandemic still hitting economies everywhere, your organization will want to keep an eye on every penny, going forward.
It’s important, of course, to acknowledge that most employees are honest. However, those that do fiddle their claims manage to do it to the tune of almost $3bn a year in the US alone, so we are not talking small potatoes.
But how do they do it? Are men more or less likely than women to submit false claims? Are certain industries hit harder than others?
Download the What is Behind Business Expense Fraud infographic to find the answers to these and other burning questions. It makes for fascinating – and slightly scary – reading!
Crucially, however, it offers invaluable information on what steps your organization can take to stop the leaking – because it really adds up.
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