Rules Are Critical to Promoting Efficient Processing

While many of the rules that AP has put in place may seem “silly” and even “overkill” by employees, they have been put in place for good reasons. The T&E Process Must Comply with IRS Standards The Association of Fraud Examiners (ACFE) indicates that the T&E reimbursement area is one that is particularly at risk for fraud. The rules that accounts payable puts in place, while seemingly stringent, are often just barely sufficient from an internal control point of view. Certain steps must be taken…