Avoid T&E Red Flags

What to Do to Avoid T&E Red Flags

Employee T&E is the second largest controllable expense category after payroll—so it’s no surprise that most organizations focus on ways to control their costs and prevent expense report abuse and misuse. There are certain red flags that indicate possible trouble. Understanding what they are—and what to do if they exist—will help you strengthen internal controls in this area, preventing fraud. Read this article if you’re not prepared to handle:

• Out-of-Policy Spending
• No Cost Standards
• Use of Personal Credit Cards
• Under-the-Radar Spending
• Cancelled Trips
• Late Expense Reports