Do You Know What Is Hiding In Your Employee Expense Report?

Do You Know What Is Hiding In Your Employee Expense Report?

Do You Know What Is Hiding In Your Employee Expense Report?The idea of a little white lie has been the source of great debates in the fields of legality and ethics. The scope of dishonesty is considered, especially by small businesses, when they are investigating concerns about a possibly false employee expense report. The problem is that employees approach the situation in the same manner, with the sense that minor dishonesty, such as padding travel expenses, is simply a practice that is owed to them by the company.

Much of the padding that happens in an employee expense report for travel reimbursement can be truly minor. This often includes gifts for family members, but it can extend to dinners and entertainment that should really not be covered by the company. What does happen in these situations is that all the small dishonesties add up to substantial costs for the corporation.

 

Not A Victimless Crime

A truly troubling fact is that business travelers who engage in these minor falsifications of the employee expense report also have the mindset that their transgression is not causing direct harm to anyone. This could not be further from the truth, since losses to the company trickle down and do directly impact the employees in the corporation. Any loss of funds means that budgets will need to be re-allocated, and this can result in cuts to department funding as well as redundancy protocols.

In this manner, the small charges that are added to an employee expense report translate into considerable damages that are faced. To this end, stronger attention is being paid to financial reports, in order to identify places of loss. This also means that a little white lie on an employee expense report can become a much larger dishonesty. Policing this aspect of global business practices is a major focus, and more accurate employee expense report generation through software programs does facilitate the ability to keep employees trustworthy in their actions.