HOW TO SET UP CONTROLS THAT WILL PREVENT OVERSPENDING

As costs are increasing and companies can only grow revenue as much as customers are willing to spend, looking at your costs to improve the bottom line is essential.

Buying cheaper is not always possible, but preventing losing money from errors and inefficiencies, and maybe even fraud, is. Here we will discuss 3 ways how you can help your company in a demonstrable way to save money – maybe enough to give you a raise!

We will talk about:
■ Payment terms review and monitoring
■ Identifying bogus invoices
■ Fraudulent attempts to divert money into a wrong bank account