‘Button-Up’ Your T&E Process

By Pam Miller - According to the Association of Certified Fraud Examiners (ACFE), 14.0 percent of fraud is related to T&E. Perhaps it's time for AP to take another look at how to stop the leakage, plug the gaps, and “button up” the process. Manual Processing: Is It an Invitation to Finagle? Those AP departments that still process T&E manually—with paper (or even web) forms, spreadsheets, and manual review—are presenting potential fraudsters with a wealth of opportunity. The fact is, with…