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Stopping Fraud From the Inside Out: A Conversation and Best Practices

1reports1reporting sources2022-06-29Update

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Companies need to strengthen expense auditing and anti-fraud measures to reduce financial losses.

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6月29日
  1. SAP Concur Blog
    Stopping Fraud From the Inside Out: A Conversation and Best Practices

    SAP Concur blog discusses fraud challenges during the pandemic, citing ACFE report: typical fraud lasts 14 months, costing $8,300 per month, and 5% of annual revenues lost to fraud. Recommendations include random audits, AI/ML use, and reviewing unusual spend.