Expense Tips

Give your business the git of reduced risk: prohibit purchasing of gift cards.
| Expense Tips, Fraud and Misuse

Give Your Business the Gift of Reduced Risk: Prohibit Purchasing of Gift Cards

Many companies (perhaps yours as well) have practiced the habit of giving gifts to their clients and customers to thank them for their purchases and loyalty over the years. This often happens during the winter holidays or for other times of celebration when gift-giving is expected. Lately, those gifts might be looking less like boxes […]

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Data analytics: the unsung hero of a powerful p-card program
| Expense Tips, Fraud and Misuse

Data Analytics: The Unsung Hero of a Powerful P-Card Program

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

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Shared Services Solutions to Centralize Your Finance Operations
| Expense Tips, Shared Services

Shared Services Solutions to Centralize Your Finance Operations

Corporations continue to look for ways to improve efficiencies, and shared services solutions are a major part of that. Shared services managers are tasked with supervising and consolidating support functions like procurement and accounts payable into a centralized unit. This avoids wasting resources and effort. Of course, shared services managers oversee a wide range of

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