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Article: Gelco Expense Management Announces New Fraud Deterrence Capabilities; Mitigates Risk of Expense Reimbursement Fraud, Increases Compliance.
- Article from:
- Business Wire
- Article date:
- August 15, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS -- Gelco Expense Management, the leading global provider of automated expense management solutions, today announced at the National Business Travelers Association conference in San Diego the roll-out of its suite of fraud deterrence capabilities that mitigate the risk of employee expense reimbursement fraud while increasing employee satisfaction and productivity.
Gelco's new suite of fraud deterrence capabilities addresses nationwide increases in employee fraud. It eliminates the opportunity for common types of expense reimbursement fraud and increases the likelihood of detection through enhanced customer reporting and analytics. "Part of the issue is ...