Regardless of your organisation’s industry, size, or location, travel and expense mistakes and fraud can have significant financial consequences. Fraud isn’t something that many organisations want to acknowledge, but it is an undeniable issue. When duplicate, exaggerated or fake payments are being processed your business is losing money.
Fraud isn’t always intentional. Some employees may not know your policies or understand the processes required to prevent non-compliant business spend. Others may not see an issue with a little exaggeration on their expense claim, but when you’re managing hundreds or thousands of employees, it can soon add up.
However, by establishing checks and processes to put you in control and making it easy for employees to comply with policies, you can mitigate, detect, and prevent losses because of accidental errors or fraudulent activities.
Join SAP Concur compliance consultant Emily Gosling to find out more about the steps you can take to cultivate compliance to protect your business.
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