Order your Fraud Policy Today for Controlling Fraud | Invoice and Billing Fraud

Want to control fraud, especially invoice and billing fraud? It starts with implementing a sound system of internal controls, which can be accomplished by implementing a Fraud Policy and Procedure Manual within your corporate culture today. Written by industry experts in detecting and preventing fraud, this policy and procedure manual will help create a comprehensive internal controls framework for fighting fraud, while giving employees valuable resources for understanding fraud, along with providing avenues for reporting it.

With invoice and billing fraud, a fraudster develops a fictitious entity, produces invoices for that entity; then will send out the invoices either electronically or by mail to individuals and/or organizations throughout a specified geographical area. Generally speaking, the financial amount is small in nature, as the scheme depends on a high volume of victims actually making payment on the invoice or bill. These schemes can range from any number of products or services, such as office supplies, books and study aid materials, to donations to fictitious charities.

Many times, however, this type of fraudulent activity begins within an organization, as a dishonest employee may collude with another party or simply run the entire scheme by themselves. A large number of businesses have been the victim of internal occupational fraud schemes, such as invoice and billing fraud, thus you need to take proactive measures to control fraud.

Thus, the best way to control fraud and effectively eliminate it within your organization is to create a culture of awareness and accountability, which starts by adopting a Fraud Policy and Procedure Manual for your organization. To control fraud, your business must be diligent in fighting fraud, but also have in place protective measures for detecting and preventing fraud. The Fraud Policy and Procedure Manual, developed by fraudpolicy.org, is just that tool to help control fraud. Order today online and download the policy and procedure manual immediately to help control fraud.