Month: February 2022

According to the 2020 report by the Association of Certified Fraud Examiners, expense reimbursement cases account for 20% of fraud in small businesses and 13% in large organizations. Small organizations are more vulnerable to employee fraud when compared to large organizations because they lack the resources or technology to implement complete systems of internal controls. …

Top ways to secure your business from employee expense fraud Read More »

Travel & Expense Management is the second-largest controllable expense for many organizations. Despite it being one of the most significant business functions, companies still rely on a manual expense reporting process that is outdated and cumbersome. With the help of Automation, an organization can seamlessly handle the expense management process, thus saving time and effort. …

Manual vs Automated expense management: Know the difference Read More »