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Although it’s impossible to achieve 100% protection from financial fraud, Will Jordan from PS Financials, explains how the following measures will help to significantly reduce your organisation’s threat exposure. The long-term ramifications of fraud can be devastating, so it’s paramount that you become aware of the evolving risks - what the latest scams are and the preventive solutions now available, so that it’s managed and minimised at every level.
With 2017 now upon us, changing to a new financial management system is not as difficult as you may think and there’s nothing to stop you undertaking the process yourself - with a little help from others in the organisation. In this two-part article, we have provided some common sense advice and a best practice approach to selecting and implementing a new financial management system. The first question you need to ask yourself is – why am I changing my financial management system?
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