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Occupational fraud in T&E expense management
Expense report fraud is a costly problem hiding in plain sight. Entrusted by their employers to “do the right thing” when making business purchases on the road, perpetrators of T&E fraud know they have an advantage when it comes to duping a system fraught with human error and the pitfalls of a manual review process. And while the effect of fraud can be devastating to companies of every size, small businesses on average bear a far greater cost. Understanding the scope of the problem and how to recognize expense report fraud is the first step to protecting your company assets.
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