Trouble in A/P: 2 cautionary tales for companies of all sizes
It’s long been said that A/P is a cost center. But it certainly doesn’t have to cost this much!
It’s long been said that A/P is a cost center. But it certainly doesn’t have to cost this much!
Finance chiefs place a lot of trust in front-line staffers as the first line of defense in preventing fraud. But according to new research, these front-line workers may not be nearly as trustworthy and effective as CFOs think.
The best offense is a good defense – that’s how many companies approach fraud prevention.
Good news: Your company just got a little extra protection from Payroll fraud, thanks to some new legislation.
Granted, it’s probably not going to make the NY Times Best Sellers list anytime soon, but it’s sure valuable to you: your Finance policies and procedures manual.
Christmas is more than a month away, but any Finance department looking to prune paper from its A/P process has just been handed a major gift to help in that quest.
How much was that dinner again? Although T&E violations aren’t exactly rarities, they could be happening more than you’d think.
Of course your company wants to do all it can to prevent anyone from taking little liberties that add up to big cash hits.
You know how much it costs for an employee to go out on workers’ compensation, both in direct and indirect costs. But what if that person is milking it for all it’s worth? Or even faking it?