Training cardholders in your organization on how to follow policy can be tricky. This is true for both organizations with a P-Card program or those that issue Travel Cards, Fleet Cards, One Card, etc. Cut down on fraud and misuse by properly training employees, approvers, and program managers from the
Commercial Card Training: Best Practices Read More »
For procurement and finance professionals, monitoring expenses is a critical component of managing budgets. Unfortunately, cardholders can sometimes circumvent transaction limits using several split-transaction strategies. In this blog post, we will discuss the challenges associated with monitoring expenses when cardholders attempt to circumvent transaction limits, violate policy by doing so,
Challenges of Monitoring Expenses When Cardholders Circumvent Transaction Limits Read More »
Communicating positive purchasing behavior to employees who purchase goods and services for the organization often remains overlooked by approving managers or the central review team. Focused on red flags with potential for fraud or misuse, communicating the risky behavior takes priority. A follow-up by managers of these risks takes precedence
In order to maintain and grow your card program, changes are often required. As your goals and card policy change, it’s important to make sure employees are up-to-date with all the new developments. Fraud, card misuse, and abuse can occur in any organization. One of the best lines of defense
4 Steps to Establish Effective Card Policy Training Read More »
