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Payment & Expense

Chrome River: Expense Fraud Annually Costs Companies $2,400 Per Average Rogue Employee

By JoAnn DeLuna / April 05, 2016 / Contact Reporter
Business Travel News on X

The vast majority of business travelers (94 percent) surveyed in February by Chrome River claimed to be honest about their travel expense reimbursements. That's the good news. The bad news: The 6 percent who admitted to defrauding employers each claimed on average $2,448 in false expenses per year, according to Chrome River. The expense management provider surveyed 1,072 frequent business travelers, defined as those having taken more than three trips a year.

The most common way for travelers to defraud employers was to pass off personal purchases as business travel expenses, a tactic used by 45 percent of rogue respondents. Overclaiming mileage and tip expense were the next most frequent fraud methods, used by 35 percent and 29 percent of rogue respondents, respectively. About 10 percent of offending respondents have submitted receipts for canceled events, trips or returned items.

Criminal Profile
Who are these fraudsters? The most frequent offenders, 14 percent, were employees holding senior vice president or C-level positions other than CEO, the report showed. About 73 percent of perpetrators were male, and their average age was 46.

"Expense fraud also has a tendency to be committed by those who an organization would typically trust the most," the report noted. 

A 2014 Association of Certified Fraud Examiners survey had similar results, finding that 27 percent of expense-reimbursement-fraud cases were committed by those in "executive/upper management" positions.   

Blue-collar workers in the Chrome River survey represented 10 percent of those who reported committing expense fraud. 

Fighting Fraud
Of travelers who admitted to submitting false expenses, 76 percent reported using manual expense processes, while 24 percent used automated expense reporting systems. "It's just much easier to trick the system with manual expense submission," a Chrome River spokesperson told BTN.


An expense automation platform tool can cut the [fraud] instances down dramatically, but quite a lot of this is providing approvers with the tools they need to detect fraudulent claims."

Chrome River spokesperson

Though automated expense reporting processes can more easily catch duplicate expense items, for example, which reduces incidents of fraud, it's not foolproof. If collusion exists between the submitter and approver, then the approver won't act on the red flags, the spokesperson explained. Also, companies that don't establish business rules are susceptible to efforts to work around the system, he added.  

"An expense automation platform tool can cut the [fraud] instances down dramatically," according to the spokesperson, "but quite a lot of this is providing approvers with the tools they need to detect fraudulent claims, and there also needs to be some kind of process put in place for audits, either [automated] … or manual."


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