A global issue: The changing nature of expense fraud

It’s a global epidemic that’s constantly evolving and contributes towards business losses of around $2.9 trillion each year and yet – we still know so little about expense fraud.

For businesses throughout the world, fighting expense fraud poses an ‘iceberg’ challenge – we know it exists but the dangers are caused by how much of the problem remains hidden. It’s this lack of accurate information that makes tackling fraudulent reimbursement costs such a difficult and daunting task. You can’t solve a problem until you have clearly identified the nature of it.

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