The hidden cost of expense fraud and non-compliance

Expense fraud is a topic that can be as business critical as sensitive. Incorrect expense reports – with many happening due to error-prone processes and simple human error – have been an endemic
part of business life for many years.

While it’s important to understand that many faulty claims are raised unintentionally, businesses need to look at and recognise the factors that do make expense fraud more likely to happen – some of which are related to employee awareness and satisfaction.