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3-ways to avoid expense fraud with remote teams: Expense fraud is a growing concern for remote SMBs. Without proper oversight, managing expenses can become a logistical nightmare, leading to misunderstandings and uncomfortable conversations with your team. Here are three things you can do to combat this issue: 1️⃣ Leverage modern expense management solutions: Streamline tracking and automate approvals on your expense management software to maintain control over spending. 2️⃣ Implement built-in expense policies: Establish clear guidelines and spending limits when you issue cards to ensure all purchases are compliant and accountable. 3️⃣ Use both physical and virtual cards: Issuing virtual cards for specific use cases and online transactions gives you more control and visibility over spending. Luckily, Finfare's expense management platform gives you a single-view dashboard that lets you get an instant overview of your company’s spending in different categories like software subscriptions, restaurants, etc. Learn more about how small businesses can safeguard themselves from expense fraud in our recent article on expense management for remote teams 🔗 - https://lnkd.in/drqvKy4j #Chargecard #Expensetracker #Businesscard

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