Organizations Lose 6% Annually to Fraud or Theft
Focus on protecting your money and assets.
- Monitoring bank accounts and credit card accounts
- Tracking monies coming in (merchant account, mail, cash)
- Verifying payroll
- Minimizing inventory shrinkage
- Managing and maintaining property and equipment
For any organization, these steps are critical. The potential impact from fraud and theft should not be taken lightly. Estimates indicate businesses and non-profit organizations lose 6% annually to some form of fraud or theft. In most cases, the loss is generated internally by employees, managers, owners or someone with a close connection to them.
HEADLINE: “Aston, PA Bookkeeper and family friend charged with embezzling $852,000”
Contact [email protected] to request a free whitepaper: Deterring Fraud and Theft: Best Practice considerations.
Stay tuned as we focus on Sales and Receivables procedures!