Expense Tips

| Fraud and Misuse, P-Card Expense Monitoring

How to Decrease Fraud With P-Card Policy Ethics and Machine Learning

Finance Managers and Card Program Directors at Higher Education institutions have a considerable task ahead of them when it comes to reducing purchasing card or P-Card fraud and misuse. Using outdated methods such as manual reviews and examining a sampling of expense data may even hinder results over time. Instead, prioritizing proven internal controls such […]

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| Best Practices, Policy Compliance

Cardholder Training – 8 Best Practices to Start Using Right Now

For any organization that issues commercial cards, cardholder training is a must to help ensure compliance and reduce fraud and misuse. Whether you have a P-Card program, or issue Travel or Fleet Cards, here are some of the best practices for effective training to help set the tone for employees, as well as approvers and

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| Expense Tips, Fraud and Misuse

Step By Step Guide to Reducing These Common Expense Fraud Tactics

With every growing and active card program, potential employee fraud instances, unfortunately, come with the territory. Whether someone is knowingly or unknowingly using their P-Card or T&E card to commit fraud, it’s still a very serious problem within any organization. The best way to combat common expense fraud is to know what you’re looking for

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| Expense Tips, Travel Card

Strategic Ways to Tighten Up Your T&E Policy for Compliance

Travel and expense, or travel and entertainment spending also known as T&E are essential for organizations participating in business travel. That said, it’s also very easy for an employee to get carried away with purchases on a trip or for compliance issues to surface. This is why a strong T&E policy is necessary. As business

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Dealing with receipts
| Expense Tips, Receipt-Wise

9 Common Mistakes When Reviewing Receipts

When managing a card program, whether for domestic purchases or globally, more than likely your team has dealt with intensive receipt reviews. Although a time-consuming process when manually performed, receipts provide organizations with many critical compliance insights. In addition to providing proof for audits, receipts also identify compliance with internal policies and federal and state

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Man looking at chalkboard to see about going from an accounts payable paperless process to a digital one
| Expense Tips

How to Implement a Paperless Accounts Payable Process

Manual paper systems have been at the core of accounts payable processes for a long time. However, paper systems are becoming less sustainable. As invoices increase, the manual workload for reviewing the data grows, and records become more difficult to manage. Thus, a paperless accounts payable process is necessary. Accounts payable workers can endure long

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