In the world of procurement and internal auditing, and policy compliance, it’s easy to focus on the negatives when we communicate with our cardholders on policy. Non-compliance. Split transactions. Fraud. Maverick/rogue spend. These are all important conversations to have, and it’s not always easy. It’s important to acknowledge and recognize
Give Thanks to Compliant Cardholders This Holiday Season Read More »
Read about the mishandling of ghost card accounts, especially in combination with their purchasing card (P-Card) programs.
Afraid of Ghosts? Busting Confusion Around Ghost Cards 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 »
In October, you may find yourself haunted by some of the scariest schemes you’ve ever seen; however, with a little detective work this Halloween you can help unmask fraudulent expenses in your organization. Internal fraud, also known as occupational fraud, refers to making false representations, withholding information, or abusing a
3 Hidden, Internal Fraud Schemes and How to Flag Them Read More »
