Split invoices can be more than an inconvenience for your A/P department, they can be a red flag that something’s not right with a vendor.
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Tags: A/P department, Big-ticket items, Split invoices, The Accounts Payable Channel
When it comes to payments fraud, companies that haven’t been impacted are in the minority.
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Tags: AFP, Assoication for Financial Professional Payments Fraud and Control Survey, Financial loss, fraud, Payments fraud
An increasing number of firms are taking extra steps to make sure all the dependents on their health plans are actually eligible.
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Tags: Dependent eligibility, Dependent eligibility audits, Garnish wages, Muhammad v. Ford Motor Co.
If your Finance staffers are accessing sensitive, password-protected info, you’ll want to make sure they don’t use any of these passwords to do it.
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Tags: Critical finance info, Official guidelines, Password, SplashData, Worst passwords
Ever wonder how skilled your Finance department actually is at spotting the subtle signs of potential fraud? Here’s a simple way to find out.
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Tags: Financial Executives International, fraud, Fraud Literacy Quiz, Red flags
Small organizations will want to keep a close eye on what happens with this recent proposal by the Department of Labor (DOL).
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Tags: Department of Labor, Healthcare fraud, MEWAs, Multiple Employer Welfare Arrangements, Small biz
There’s lots of talk this time of year about record retention guidelines: which Finance docs and emails to keep, how long to keep them and how to dispose of them when the time has come. Plenty of best practices. But how about the worst ones?
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Tags: Best practices, CSO Security and Risk online, Finance docs, Record retention, Worst practice
A new report’s out saying companies’ risk of fraud will be going up in the next 24 months. And even if you don’t think it could happen in your organization, you have to prepare as if it could.
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Tags: Auditors, Execs, False billing schemes, Vonya Global
Heads up: The Department of Labor (DOL) just took some major steps that should make it easier to root out organizations that misclassify workers to avoid providing certain employment protections – like overtime.
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Tags: Crooked employers, DOL, IRS, Misclassification, Secretary Hilda L. Solis
When it comes to fraud, no one’s above suspicion. But there are some commonalities among the folks most likely to steal from your company.
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Tags: Benefits, Checklist, fraud, Fraudster, KMPG, Red flags, Warning signs
