| Corporate |
Economic and competitive pressures put the squeeze on corporate budgets.
Over time, departments (including accounting operations) are required to downsize. This can lead to reduced staffing levels and greater demands on those remaining. Often times, the "doing more with less" leads to heavier workloads, reduced oversight, as well as reduced internal checks and balances.
As individual employees are squeezed to increase individual performance and "do more with less", this pressure can result in abnormal behavior. Recent studies have revealed that over 70% of organizations experience fraud attempts annually…and 60% of these involve inside employees! It is estimated that five to seven percent of US organizations' revenues are lost to fraudulent behavior. Our comprehensive technology-based systems provide remarkable accountability across the board, greatly reducing your threat of fraud.