Conducting an that one important factor in preventing fraud for businesses is to ensure that all employees are well managed, especially those who work directly with finances. Workers who are not engaged and experiencing issues that may lead to unhappiness are more likely than satisfied staff members to potentially mishandle funds. Additionally, it’s critical to make sure all transactions are tracked, and leaders should pay particular attention to ask about unusually large or small sums cropping up.
Technology can also play an important role in keeping accounts payable processes accurate, the source pointed out. Among the tools that businesses should be using are audit solutions, which may allow leaders to catch issues before they become serious.