SAP Concur: Preventing and Detecting Fraud During Times of Economic Uncertainty
先了解这件事
For finance leaders, fraud risk rises during economic downturns while layoffs can weaken internal controls. Automated internal controls can supplement human oversight and help identify fraud red flags, offering a practical measure to protect company funds and compliance.
AI 根据报道生成
报道时间线
沿着报道，了解事件的不同侧面。
- SAP Concur BlogSAP Concur: Preventing and Detecting Fraud During Times of Economic Uncertainty
SAP Concur states that according to the most recent global study on occupational fraud and abuse, the typical organization loses 5% of annual revenue to white-collar crimes. From 2018 to 2019, this included 2,504 fraud cases, 125 countries, $1.5 million average loss per case, and $3.6 billion total losses. ACFE President James D. Ratley says fraud rises during economic uncertainty. ACFE survey shows 55.4% of respondents said fraud levels increased in the past 12 months; nearly 60% of in-house CFEs reported layoffs, 35% of those companies eliminated some controls, and only 3.2% increased controls. SAP Concur recommends automated internal controls to supplement human oversight.