Tag Archives: Fraud

Protecting Your Business From Fraud

How safe is your business from fraud?  While many worry about someone hacking into their systems, you’re more likely to experience embezzlement by a trusted employee.  About 28% of small businesses have this unfortunate experience, including a few of my … Continue reading

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Thwarting Check Fraud

Surprising to many, check fraud is more common than credit card fraud.  In fact, nearly 4 in 5 fraud attempts are from check fraud!  Today’s technology makes check fraud even easier. And banks are often not required to reimburse you … Continue reading

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Protecting Your Business From Fraud

How safe is your business from fraud?  While many worry about someone hacking into their systems, you’re more likely to experience embezzlement by a trusted employee.  About 28% of small businesses have this unfortunate experience, including a few of my … Continue reading

Posted in Business Finance, Cash Flow, QuickBooks | Tagged , , , , | Leave a comment

Protecting Your Business from Fraud

How safe is your business from fraud?  While many worry about someone hacking into their systems, you’re more likely to experience embezzlement by a trusted employee.  About 28% of small businesses have this unfortunate experience.   Two of my clients let … Continue reading

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News for You

While much of what I learned and saw at the Intuit conference I’m not able to share yet due to my NDA (Non-disclosure Agreement) with Intuit, there is still plenty I can share. Continue reading

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How Safe Are Your Checks?

Although online banking is becoming more prevalent, traditional checks are still common for businesses. We mail them, carry them around with us, pay employees by check, and we assume the banks will help us in case of check problems. Continue reading

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Five Ways to Protect your Money

As entrepreneurs, we work hard for our money, and the last thing we need is to have it disappear due to fraud, hackers, or identity theft. Some people have called 2013 the year of the hacker, which is worrisome. But you’re far more likely to experience risks with disgruntled or financially desperate employees and contractors. And small businesses have a higher risk because it’s harder to segregate financial duties. Mistakes happen, too, and when they do it can be costly to get them corrected. Continue reading

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Save Time and Improve Cash Flow

There’s no reason to add 20 minutes to your day for you.
Check? What’s a check? You’ve probably heard people say that. The popularity of online bill-pay and credit or debit cards has led to the demise of many paper checkbooks.
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Are You Vulnerable to Fraud?

According to the Association of Certified Fraud Examiners (ACFE), over $3.5 trillion is projected to be lost to fraud worldwide in 2011 alone. The typical organization loses 5 percent of its revenues each year. While we have a lot to think about as entrepreneurs, we do need to take time to educate ourselves about this unfortunately common business loss. Continue reading

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