One important relationship businesses create and nurture externally is with vendors. Unfortunately, vendors can also take advantage of that relationship to commit fraud and steal from your company. When this happens, employees are often involved as well. Your accounts payable department (AP) is your first line of defense in identifying vendor fraud and ultimately preventing […]
Often, and rightly so, Accounts Payable (AP) departments are focused on money that’s already been lost — through the improper use of expense accounts, for example, or fraudulent practices on the part of employees and vendors alike. Reviewing transactions and discovering red-flag behaviors are extremely important responsibilities that AP cannot ignore. But equally important — […]
Meet with Card Integrity and other purchasing card professionals at the annual NAPCP conference.
National Procurement Month is celebrated throughout the month of March and is dedicated to honoring purchasing professionals. Take this time to show your appreciation for all that your procurement team accomplishes throughout the year. Here is a quick round up of things that you can do to honor the purchasing professionals you work with. 5 […]
Is there a specific topic you’re interested in learning more about? Card Integrity would love to hear your ideas so we can help your card program become more successful. Simply fill out the form below, and we will contact you with more details on an upcoming webinar. Description Learn our tips and best practices on […]
One of the biggest challenges that Accounts Payable departments face is not only identifying employee fraud and misuse — which on its own can be a daunting task — but also being able to do so across all the various expenses and expense pay methods used by the company. Various expenses and methods of payment […]
Monitoring expenses becomes a greater challenge when businesses rely on multiple payment methods. Meet these challenges head-on with these helpful tips to keep your expenses in order.
Challenges of an expense review Unlike cleaning your fridge, identifying bad card activity is not as simple as checking an expiration date stamped on the side of a carton of spoiled milk. Instead, it requires looking for patterns and trends in data. Such monitoring takes time — and a lot of it, if the job […]
Just as purchasing cards (commonly known as P-Cards) have become a convenient and safe way to handle business expenditures, the more specifically used travel cards (or T&E Cards) have also become popular with businesses as a method of payment. What exactly are travel cards, and what are their pros and cons, especially in terms of […]