Controls & Fraud
To be successful, a Purchasing Card program must have effective controls to prevent and detect card fraud. The challenge is striking the right balance; you do not want to over- or under-control a program. Too many controls are costly, impacting the process savings inherent to P-Cards, while a lack of effective controls puts your organization at risk.
Blog Posts on Fraud Incidents
Includes tips you can use
Recommended ACFE Resource
Available for Purchase
P-Card Risk Assessment Template
The template includes nine worksheets, covering nine broad topics, for a program manager to complete. In all, there are more than 100 questions, providing a robust evaluation of P-Card controls. Learn more...