For many of us, 10 years is a long period of time. It’s a long time to be in a relationship, live in one apartment, or answer to a single employer. 10 years can create a sense of entitlement and complacence, which is very much what was running through my mind when I read Fairfax Media’s recent article on Kambala girls’ school’s significant credit card defrauding. Ian MacCulloch, the school’s former business manager, was recently found guilty of spending in excess of $364,000 on 6 Westpac Visa
Fraud Can Happen to You! It’s true. The fact is that fraud could happen to anyone of us. Though there are some common traits for individuals who commit fraud, it’s normally not a crime linked to a specific type of person. Fraud is a crime that can be committed by different people in varying circumstances. Whether in a personal or corporate setting, it’s difficult to eliminate fraud completely. If you’ve experienced fraud before, you’ll know how much inconvenience it causes for both the business and individuals involved.
The title of this blog post might give you the impression that you’re going to be reading a how to get your employer to pay for your entire wedding. Sadly no, this article is about something a little more serious… expense fraud! I recently visited a soon to be Expense8 customer, who told me a story of expense fraud that left me completely astonished! This fraud highlighted major gaps in this company’s culture and in their procedures. The fraud occurred over a 6-month period and involved an
It’s a problem that most organisations suffer from: employees purchasing items that are way out of the company’s Travel & Expense Policy. One of our customers recently told us of an employee, who had been on a business trip to Europe and whilst away he had purchased luxury accommodation for his dog on his corporate credit card. This particular expense was not within company policy, the employee defended himself by explaining that he didn’t know what the expense policy was. So how do we get co-workers and
Take a closer look at Expense8
Expense8 is a simple and user friendly Travel & Expense Management solution. Our solution helps organisations improve efficiency and productivity of their expense reconciliation process. Expense8 creates a more efficient workflow that frees up your employees and saves your organisation money on the bottom line.
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