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Learn MoreIn today’s dispersed and remote world, credit cards are an efficient payment method for business purchases. But not every employee needs a corporate card, meaning many use their own personal credit cards. In fact, when looking at what payment methods…
To deter financial loss, CFOs have to keep a pulse on expense fraud. And one great way to do that is to hear right from the employees committing the crimes. Modern fraudsters are using more sophisticated tactics and going highly…
Talk about creative accounting! Three in 10 employees admit to fudging their expense reports. That’s from a recent survey from Procurify. While expense report fraud certainly isn’t anything new, the current circumstances in the U.S. and the world as a…
Expense reimbursement is getting more and more complicated for your finance department, due largely to a newer legislative trend. As if IRS regulations weren’t enough to keep up with, some states are adding their own expense reimbursement laws that your…
In today's corporate climate, strict vigilance for expense report fraud is becoming even more important for your finance department. Nearly one in five U.S. occupational fraud cases involve expense reimbursement, reports the Association of Certified Fraud Examiners. Right off the…
This holiday season, many of your employees are feeling extra generous ... with your company’s money! Out-of-policy spending skyrockets in December. So say the folks at AppZen. The company used artificial intelligence to identify unauthorized spend in companies. And boy did…
As finance leaders know well, business travel is booming. And that puts controlling travel spend high on your priority list. U.S. employees currently take about 405 million long-distance business trips per year, and global travel spending is set to hit $1.7…
They’re still at it! Employees continue to think your company will reimburse them for things from wacky to outright outrageous. (more…)
Looks like we’re not the only country where employees try to pass off some wild expenses as legitimate business ones. Turns out CFOs in South Africa see their fair share of extreme travel spending on their side of the globe…
Your payroll staffers are going to be busier than usual! The Department of Labor (DOL) just announced it’s updating the Fair Labor Standards Act regs that control the regular rate of pay. (more…)
The payment method employees use when traveling can have a major impact on your T&E process – for better or for worse. (more…)
It's bad enough that Travel & Entertainment (T&E) expenses are too high for many companies, maybe yours included. (more…)
Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.
