By Pete Loughlin, Purchasing Insight
Purchase to pay process, compliance controls, segregation of responsibilities – all things which to a business can, and are, seen as obstacles to just getting things done. But, they’re a necessary evil without which fraud would run rife.
So what are the most common purchase to pay frauds? We can’t necessarily know which are employed most often, but based on common knowledge and a bit of personal experience we think these are good candidates for the top six.