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What Drives Corporates To Ditch Some Payment Tech, And Flock To Others

PYMNTS

and Australia, and found that adding extra padding in each expense item is among the most popular ways employees commit fraud. The Association of Certified Fraud Examiners (ACFE) said that expense reimbursement fraud accounts for 17 percent of all business fraud in the U.S.

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How Schools Can Ace Employee Spend Management

PYMNTS

As he explained, there is a higher risk profile with teachers than with higher-level administrators like a school principal that prevents schools from handing out purchasing cards to spend money. It’s a tactic that creates silos and can fail to provide the level of control and transparency administrators need.