Expert strategies to prevent vendor and expense fraud

Vendor overbilling, fake or overstated expenses, business email compromises—these are just a few common sources of fraud that threaten to eat into your bottom line. In 2022, organizations lost 5% of their revenue due to fraud, according to the Association of Certified Fraud Examiners. Learn about the latest tools and best practices to prevent fraudulent disbursements from Sprig's Head of Finance Jenny Jao and Ramp's Head of Fraud Risk Alex De Jesus. You'll learn:

Best practices for tightening your cash disbursement processes
Tools to help you automatically enforce your expense policy
Emerging fraud risks to safeguard against

About the speakers

Jenny Jao

Head of Finance, Sprig

Alex De Jesus

Head of Fraud Risk, Ramp

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1. We calculate average savings as a percentage of an illustrative customer's total card spending when using Ramp features designed to reduce business expenses. Keep in mind that this percentage is an estimate, not a guarantee. Ramp delivers savings from more than just card spending; savings can also come from non-card expenses so we may factor decreases to non-card spending into our calculation. For example, savings may result from reduced time spent on manual expense tracking, the financial benefit of cash back or other rewards, smarter expense monitoring, and eliminating costs associated with alternative solutions. Our calculations are based on platform data, industry research, customer surveys, and info on alternative options. Your actual savings may vary.

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