Like a see-saw, as the economy plunges downward, employee fraud skyrockets — especially in small, private firms. The reasons for employee fraud are many and varied, but there are certain safeguards that can help keep your company safe: Double-check finances. Even if you have a trusted bookkeeper, it doesn’t hurt to take another look yourself. […]
Stuck with inactive vendors but daunted by the thought of actually fixing your problem? Don’t be. The solution is probably less painful than you think.
Just because your staffers aren’t capable of Bernard Madoff-caliber fraud, it doesn’t mean you shouldn’t be vigilant — and pay particular attention to a surprising type of employee.
Trying times have a way of driving staffers to take drastic measures. So, now is the time to watch out for tainted performance metrics.
Desperate times call for extra vigilance in order to protect your company’s resources.
Suspect an employee on medical leave is milking the system? You may be surprised to find out how far courts will let you go to prove it …
Good news: You can make examples out of T&E fraud offenders — and the courts now have your back.
Decide for yourself: Did these companies step out of bounds when their employees stepped out of compliance with T&E policies?
Fraud on resumes and applications is increasing, so it’s becoming even more important to do background checks on potential hires. Not only is it a security issue, a background check could save the company money in the long run.