Watch company credit cards . Require all credit cards be signed out and all credit card expenses be authorized by a purchase order. Document all expense reports . Require strict documentation for all reimbursable expenses incurred by employees. Have a third party refund policy .
Issue refunds only upon the approval of a third party, preferably a trusted assistant.
By taking a look at these policies and procedures and making adjustments, companies can avoid a myriad of problems and therefore increase productivity and profitability. The information compiled on this site is Copyright 1999-2001 by Attard Communications, Inc. and by the individual authors.