Believe it or not, most fraud happens in smaller companies. Why? Because they lack the controls and procedures to prevent it. In fact, more than 31% of small companies will experience some kind of embezzlement or check fraud, and the average loss is a staggering $140,000. Could your business afford that?
Fraud and embezzlement are crimes of opportunity. If you don’t have the right procedures in place to prevent it, you’re asking for trouble. It is imperative to set up a framework for protection. No matter the size of your company, click through to read the 7 fundamental steps you should take to help prevent employee payment fraud and embezzlement….Continue Reading » →