Make fraud detection part of your company’s DNA

Posted by LAM Xin Hui, Year 4 undergrad at the School of Accountancy, Singapore Management University

February 24, 2015

By Roberto Da Re, chief executive of Dolphin Dynamics

Fraud can hit your bottom line, hammer your reputation, and scare off customers. But it is possible to minimise the risks. More control and more automation is the best place to start. This is because the complicated transactional nature of travel leaves it open to fraud. There are deposits, payments, cancellations, refunds, taxes, discounts and commissions. Control these touch points and the potential for fraud can be reduced.  Continue reading