Cardholder training is one of many internal controls that organizations can use to bolster their protection against fraud, misuse, and abuse on company issued credit cards like P-Cards and travel cards. What sets it apart from other internal controls is that cardholder training is designed to stop fraud and misuse before they ever happen. Other […]
Cardholder Training Despite Time, Budget & Resource Constraints Read More »
In a previous article, Setting Goals for a More Successful Card Program, we discussed the importance of defining goals for your card program by applying the attributes of the SMART acronym, which stands for: But now that you have goals set for your card program, what are you doing to actually achieve them? What good are goals
Four Important Steps to Achieving Your Card Program Goals Read More »
“You have to spend money to make money”. This oft-quoted (and somewhat cliché) idiom is an old business adage that basically says investment is necessary to generate more income. Good investments generate more income, that’s true. And that’s what the idiom generally refers to. But in some cases, this idiom is more literal than you
Turning Expenses Into Revenue Read More »
In the last few years, the travel industry has seen an influx of innovations — all of which rely on the newest trends in technology. These trends are changing the way people plan their travel, how they travel, and their overall traveling experiences. If you work for an organization that involves a great deal of travel and
How Tech Innovations in Travel Can Trip Up Your P-Card Program Read More »
If your company has benefited from your P-Card program, you aren’t alone. According to the Institute of Commercial Payments (IOCP), switching from a traditional means of handling expenses to a P-Card system can mean efficiency savings that range from 55 percent to 80 percent of the traditional process cost.
Outsourcing Your Way to P-Card Program Growth Read More »
T&E expenses are tough to control. Find out about five fraud tactics that could be hiding in travel expenses and how to lighten the load to detecting expense fraud.
5 Expense Fraud Tactics with Tips to Find Them in Business Travel Read More »
