controlling expense fraud

COLLABORATIVE COST CONTROL Controlling expense fraud FRANK DAVIS, CHROME RIVER TECHNOLOGIES ARGYLE CFO FORUM, CHICAGO – MARCH 31, 2016

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C O L L A B O R AT I V E C O S T C O N T R O L

Controlling expense fraud

FRANK DAVIS, CHROME RIVER TECHNOLOGIES

ARGYLE CFO FORUM, CHICAGO – MARCH 31, 2016

Expense fraud is everywhere

Expense fraud is everywhere

Expense fraud is everywhere

Meanwhile, in London

How could you be exposed?

$5.00$17.04

$2.00$14.04

How can you prevent it?

Create a global travel and expense policy.Implement automate policy compliance rules.

Policies and compliance

Implement corporate cards and integrated travel booking tools.

Control and track spend

Mandate preapprovals, introduce audits and segregation of duties.

Remove temptation

Prevent fraudulent expense submission and identify potential issues through business rules and analytics.

Leverage technology

Ensure team members are aware of (and understand) policies. Help them to stay compliant.Education and awareness

Education and awareness

Stay in touch

[email protected]

info.chromeriver.com/blog

linkedin.com/company/chromeriver

twitter.com/chromeriver

facebook.com/chromeriver

youtube.com/chromeriver

C O L L A B O R AT I V E C O S T C O N T R O L

Controlling expense fraud

FRANK DAVIS, CHROME RIVER TECHNOLOGIES

ARGYLE CFO FORUM, CHICAGO – MARCH 31, 2016

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