Every year, IRS puts out a roundup of ways to improve processes for various finance functions, including your A/P department.
Helping yourself to seconds at Thanksgiving dinner? That’s expected. Helping yourself to seconds on expense reimbursement? That’s fraud.
In the current corporate climate, any finance pro’s inbox could unintentionally become a gateway to big financial losses.
Today, businesses everywhere are seeing the benefits of corporate cards – quicker payments, more controls, greater cost savings. So, it’s no surprise nearly half of companies (40%) plan to spend more on their card program this year, found a new survey report from Strategic Treasurer. When it comes to what type of card programs companies […]
You’d like to think your employees would never dip into the company cookie jar, pad an expense report or hand in a fake receipt.
There’s no shortage of tools that can help your Accounts Payable department improve its efficiency, but how do you tell which ones are worthwhile? In this guest post, Ralph Perdomo, a research analyst and writer at Nvoicepay, does all the work for finance pros.
With employers falling victim to costly phishing schemes and employee confidential info being comprised with alarming regularity, the IRS’ new cybersecurity tool should be of interest to benefits pros everywhere.
For some rogue staffers, lifting office supplies or seeking reimbursement on a few minor “non-business related” charges is mere child’s play. Here are seven of the most over-the-top examples that we could find of in-house theft and employee fraud: $1.2 million in false expenses. David Smith, a former Quest Diagnostics manager, managed to get reimbursed […]
The existence of ghosts, or other paranormal entities, is up for debate. But the existence of — and damage caused by — ghost employees has been well documented.