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ERP Accounting Software: Preventing Fraud

Fraud costs companies millions of dollars every year.  However, for most accountants and auditors, catching or preventing fraud is not the focus of their job. We look at what’s involved, and what potential solutions may be available to help tackle the problem.   In a recent report, auditors were found to have detected only 4{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} of occupational frauds committed,  and it is not difficult to understand why.  Consider the level of attention to detail managing and keeping tabs on such a wealth of numerical data requires. To then mine said data for suspicious activity is an incredibly complex task, and it does not end with the data.     A needle in a haystack  Source  It goes without saying that there is more than one way to commit fraud. Accountants

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Debt Management, Relief & Consolidation

Mint vs. Personal Capital – The Ultimate Financial Tool Throwdown

It’s here my financial friends. The ultimate throwdown!  Today, we pit two of the best financial tools against each other to see who comes out on top. That’s right, we are going to compare Mint.com and Personal Capital to see which free tool is better!  I got this idea back when someone submitted a question on our new Q&A board. It basically asked “Mint.com vs Personal Capital?” Now, this is highly subjective as it’s my opinion on the matter. I plan on comparing the features of each service and see which one wins. There will be several categories. We could see Mint winning or Personal Capital taking it. Who knows, but no matter what happens, let’s just say

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Debt Management, Relief & Consolidation

How Personal Capital Changed My Financial Life

It’s no mystery that I was in a deep financial hole some years ago. Not only did I have a sizable amount of credit card debt, but I also had car loans, and even a Jetski loan. Yep, I was a spending machine with no regard to how much was in my bank account. Everything went on plastic and I mean everything. I paid the minimums and went along with my self-perceived lavish lifestyle. I thought I was doing it all right. There were so many other people in debt and still living, so why did it matter if I was in the same place? Apparently, I didn’t get the memo that I was not supposed to jump off the bridge that everyone else

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