Losses due to fraud are the highest. This can come close to 5% of annual revenue for any given organization – which is a lot of money that’s never coming back. As much as $7 Billion US Dollars are lost to fraud every year.
With changing buy habits and increased spending on more spend categories – especially T&E – companies have more channels to pay for goods and services. This opens the doors to fraud and compliance risks.
Download this infographic now to understand fraud and compliance risks better, and what more you could be doing to protect your organization from such risks.