21 Aug
One reason why you should outsource your bookkeepi...
It is simple. The number one reason you should outsource your bookkeeping is due to fraud. The newswires are full of stories detailing the significant losses to businesses because of fraudulent bookkeeping activities. In today’s local newspaper’s online feed, a story identified a local business with an internal employee stealing $147K from the professional practice.
23 Jul
Preventing Fraud in an SMB using bill payments con...
Fraud is something that most small business owners don’t like to think about and often think, “That can’t happen to me.” However, as we’ve previously discussed, it happens far more often than business owners would like to admit. In small businesses, fraud is the result of lack or absence of controls, which are exploited by
23 Oct
Using fintech to avoid fraud by separating account...
Just this week, there was a story in the news of a small not-for-profit company dealing with fraud from a bookkeeper/bookkeeping service. It happens too many times and can occur with the most reliable employees. Often times the business owner is heard saying that the employee was long term, loyal, and trusted. How does this
