Concur makes it easier to detect employee expense fraud
Expenses fraud is a problem for some organisations. It could be fraud from employees who have inflated expense amounts, or from employees who have included items that are not legitimate business expenses, often it can be just mistakes; by employees who are not knowledgeable or clear about your travel policy, or from errors made through manual data entry. Fraudulent claims are not always malicious.
Automate fraud prevention
One way to prevent expense fraud is to use an automated expense claim solution. This gives you immediate visibility into out-of-policy spending, by identifying expenses that are outside of your policy.
In addition, an automated system can help prevent employee expense fraud, as you can:
- Integrate your travel policy
- Import details of money spent by employees, direct from the supplier
- Import details of money spent on corporate credit cards
- Require receipts for specific expenses
Highlight out-of-policy expenses
Concur makes it easy to incorporate your travel policy into the service. It is then easy for you and your employees to see what is outside of your policy. Any spend outside of policy can be flagged for review, additional audit and further investigation. Audits are automatically sent to the appropriate manager and audit personnel.
Integrate e-receipts and credit card data
Data imported directly from your suppliers removes the ability to amend amounts, dates or attendees. This data also gives you the ability to match what was billed with what was claimed.
E-receipts are imported into Concur from travel suppliers who participate in the e-receipts programme. This data is provided electronically and is automatically imported into your expense report. The information is reconciled against the details you entered onto your expense claim.
Credit card transaction data is provided directly from your corporate credit card provider. (Concur can also import data from your personal credit cards.) Once the data is in Concur, it can be applied to an expense claim.
Add digital images of receipts
It is simple to attach a digital image of receipts to expense claims. Digital images may be a photo captured by your smartphone, or a scanned image.
Want a mobile application?
Concur’s mobile application helps you to reduce fraud since it enables your employees to capture transactions and receipts as they occur, with their smartphone. The mobile application is available for all the major mobile platforms, iPhone® or iPad®, Android™ and BlackBerry® devices, at no extra cost.
Need a global solution?
Concur is a global provider of travel and expense claim automation services. It has extensive functionality to support multinational companies, gives you a global view of all your data, and addresses world-wide compliance issues. Concur can address your travel and expense claim requirements wherever your employees work or travel on behalf of your organisation.
