If undetected fraud is the scheming villain of purchasing card programs, the stalwart hero is data analytics. But this important part of internal controls often doesn’t get the attention it deserves. Data analytics not only aids in the detection of fraud, but also pinpoints the different types of fraud that might be occurring in a
Data Analytics: The Unsung Hero of a Powerful P-Card Program Read More »
Read more about ongoing payments and what happens when there are multiple abusive transactions.
Responsible Monitoring for Automatic Payments on P-Cards Read More »
As you spring clean and get reorganized, don’t forget to take a fresh look at certain areas of your card program. Here are 5 key areas to refresh and improve.
Spring Cleaning: Taking a Fresh Look At Your Card Program Controls Read More »
Eliminating wasteful spending is an ongoing focus for card program directors and managers. While it is important to keep your eyes peeled for larger, unnecessary purchases, some smaller forms of spending, like sales tax, can still add up and cost the organization more money that could best be spent elsewhere. If your organization is tax
The Importance of Tracking Sales Tax Read More »
One of the biggest challenges that Accounts Payable departments face is not only identifying employee fraud and misuse—which on its own can be a daunting task—but also being able to do so across all the various expenses and expense pay methods used by the company. Various expenses and methods of payment mean various ways to
4 Types of Employee Fraud That Could Hide in Your Corporate Expenses Read More »
National Procurement Month is celebrated throughout the month of March and is dedicated to honoring purchasing professionals. This is a great time to show your appreciation for the dedication of your procurement team and all the hard work they do throughout the year. There are several ways to prepare for National Procurement Month, but this
How to Show Your Appreciation During National Procurement Month Read More »
