For many companies, expense fraud is an unfortunate — and costly — reality. And research shows that overall business fraud has increased in recent years, costing a business an average of tens of thousands of dollars annually. Adding to the challenge, it takes an average of 12 monthsi before a fraud case is detected. 

Fortunately, being able to identify how expense report fraud can occur — and installing the proper safeguards and technology — can help you protect your business.