International Non-governmental Organizations (INGOs) are particularly vulnerable to fraudulent activity due to their multinational offices and dependence on remote access technologies. These geographically dispersed organizations need to get the full benefit of their internal audit function, where most fraud can be detected or prevented. This was a prevailing issue at a recent Humentum CEO Roundtable…
Expense reporting platforms have simplified the review and approval processes, making it easier to submit documentation for payment. However, this convenience can also lead to less stringent review of submitted documents and opportunities for changing electronic receipts. As a result, organizations need to implement best practices to reduce the risk associated with these reporting systems….