Strong Policies Help Deter T&E Fraud

A strong, well-publicized, and enforced T&E policy helps to avoid misunderstandings by travelers. It is the best tool to help AP in its fight against T&E fraud. The policy should be very specific and include rules such as: No personal expenses allowed; Original receipts only; Receipt dollar minimum; No upfront approvals; Approval cannot be delegated; No ticket splitting to keep expenses under a certain dollar level; Highest ranking person in attendance pays the bill; Full disclosure of…