Companies who choose not to automate their travel and expense (T & E) processing could not only be missing out on potential savings but also losing the opportunity to cut down on travel and expense claim fraud – so says a PayStream Advisors‘ survey. Recent research from the financial process market authority shows that 36 percent of companies in the US
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Fraud is always a popular topic in the business world, as it affects millions of companies a year. According to the 2012 Report to the Nations fraud costs $3.5 trillion worldwide! Businesses need to be able to protect themselves from becoming a fraud victim, as it affects not only large companies but smaller ones too. According to the report, fraud
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Expense processing is a very time consuming and manual task; often weighed down by data entry, paper storage and distribution problems. However, an expense processing solution, such as Documation’s expense application, can automate the process, removing a lot of the paper distribution, speeding up the process and making it less open to error. The solution makes expense processing easier for
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Launching in July, the Bribery Act 2011 replaces many of England’s outdated corruption laws and replaces them with a comprehensive anti-bribery code. Amongst the new offences is the failure of commercial organisations to prevent bribery. The corporate offence is a significant change from the old bribery law and it makes corporates responsible for ensuring that their anti-corruption procedures are robust. At
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