Running a business brings many rewards, but also a host of risks and challenges. One of the more common of those is internal fraud. It can devastate your business and its reputation, undermine staff morale and jeopardise relationships with your suppliers, your investors and the compliance authorities.
The danger is that it can happen to anyone, at any time – no one is immune. Fortunately every business, from the largest corporate to the smallest SME, can reduce its risk of fraud substantially with just a few basic system changes.
Let’s discuss some of them, plus we’ll share a tip on using good judgment and common sense to keep your business safe and your livelihood secure.
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