 | | Dealer network newsletter |
The latest news and insights for auto dealerships. Cash fraud prevention and detection We have all heard the horror stories of cash fraud. Most dealers have not had the experience of uncovering fraud within their organization, so they continue to forge ahead without giving the issue much thought. This is a mistake. Without the proper controls in place, cash fraud can go undetected for many years and cost hundreds of thousands of dollars. The following article lists three common forms of cash fraud and some simple ways to mitigate this risk at your dealership. Five ways to avoid a factory audit We have all heard the horror stories of cash fraud. Most dealers have not had the experience of uncovering fraud within their organization, so they continue to forge ahead without giving the issue much thought. This is a mistake. Without the proper controls in place, cash fraud can go undetected for many years and cost hundreds of thousands of dollars. The following article lists three common forms of cash fraud and some simple ways to mitigate this risk at your dealership. | Past issues of Dealership Newsletter | | Winter 2011 | | | Fall 2011 | | | April 2011 | |
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