Battling Internal Theft – Atlanta Georgia

In the never-ending battle against internal theft we must remain proactive and vigilant in our attempts to prevent and/ or detect it. There are several easy programs you can set up within your organization that will help you send out a message that you are aware of internal theft and are ready and willing to prosecute it whenever it is identified. First of all, every company should provide a confidential reporting system for employees, vendors, and customers to anonymously report any violations of policies and procedures. Promote an environment in which employees feel they have a stake in the company. This way they’ll feel as if they’re doing themselves a service as well as the company rather than feeling that they’re simply “snitching”.

In your attempts to combat internal theft it is also vital that you conduct scheduled, and unscheduled, audits. You should, of course, maintain your regular assessments, but random, unannounced financial audits and fraud assessments can help identify new vulnerabilities in your processes, and measure the effectiveness of your controls. It also serves as a warning to let employees know that fraud prevention is a high priority for the company and that someone is always watching.

If your audits or controls discover a discrepancy then you must thoroughly investigate every case. Don’t simply assume you know what happened. A thorough and prompt investigation will give you the facts you need to make informed decisions and reduce losses. Finally, you and your management staff must lead by example. A cavalier attitude toward rules and regulations by management will soon be reflected in the attitude of employees. Every employee, regardless of position, should be held accountable for their actions. Follow these suggestions and it will take you a long way towards winning the battle against internal theft .

For more information contact us at internal theft or call 1.770.426.0547 – Atlanta Georgia