Payroll fraud can be difficult to detect, so it's important to conduct regular audits and review payroll data periodically. This cheat sheet outlines common schemes and lists 28 payroll fraud red flags.
Missing information in employee files
Multiple employees using the same bank account number
A terminated employee who is still on the payroll list
Investigate and Prevent Internal Fraud with i-Sight
Theft, fraud, waste and abuse cast a dark shadow over organizations. Their negative effects can trickle down to customers and clients, leading to reputation damage on top of financial repercussions. Use your investigative data to get deep insight into your fraud risks and opportunities for prevention. i-Sight's powerful case management software helps you increase oversight, track and manage fraud investigations and report on results for better risk management and prevention.
With i-Sight software you can:
Manage risk and prevent fraud with trend analysis
Create consistent, compliant documentation with one-click investigation reports
Automate case intake and assignment for faster resolutions
Keep investigations on track with logical workflows
Share information securely across departments
Streamline investigations so you can focus on preventing instead of reacting to incidents
