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Fraud

4 types of expenses that get past human auditors

Expense fraud is one of the most pervasive types of fraud in an organization. According to the Association of Certified Fraud Examiners (ACFE), 13.8 percent of fraud schemes involve expenses. The median loss for organizations is $30,000.

Posted by Indrajit Palit | Nov 21, 2019

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Fraud

The problem of Duplicate Expenses

Double-dipping and duplicate expenses keep on adding over the lifetime of the business. It is estimated that duplicate expenses can range from 1%-5% of the total spend of the company.

Posted by Indrajit Palit | Nov 07, 2019

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