BizSugar.com › Finance › Business expenses - Common frauds and solutions

Do you the methods fraudulent employees use fiddle their expenses claims?

Fraud related to expense claims is more widespread than most executives think. Among all business expenses, mileage expenses are the most problematic because it’s easy and tempting for employees to exaggerate travel costs. Imagine if 20% of your staff add 5% to each claim; the cumulative loss for the company can quickly become very significant.