Your data is safe with us.
Staple ensures that your money and information are safe and secure - real-time transactions provide everything you need to prevent all expense related occupational fraud.
How Staple helps you with employee fraud prevention
Occupational fraud can cost your company up to 5% of annual revenue. Amongst a number of misappropriation of assets, expense reimbursement schemes are one of the most susceptible to error and deception. Fraud can occur in a number of ways:
Using Staple’s secure corporate card restricts employees from using their personal money and eliminates the reimbursement process - therefore, it also thwarts expense reimbursement schemes.
Payment with own money
Exact amount unknown
Receipt could be falsified
No way to verify
You have been ripped off
Payment with Staple Card
Real-time data populated in Staple app
Own money hasn't been used
No reimbursement, no way to cheat, your company saves millions.
In addition to your money, your data is secure too
Two-factor authentication adds an extra layer of security to your account and ensures that no one other than you has access. Unauthorised users will be kept away from your data, even if your password is stolen.
Your Staple Card is backed by VISA - any sign of fraud will be detected (based on payment frequency, location, time of the day etc.) and you’ll be notified of any suspicious activity so that you’re always in control.
Only the last 4 digits of your Staple Card appear in your application, preventing it from being unknowingly copied when working in public spaces and used for malicious purposes.
What if employees still have to use their own money?
Sometimes employees might have no other choice than to use their own money (for cash-only payments, for example).
In that case, we can't recommend enough for you to have clear and concise reimbursement policies - good news, we’ve got you covered here too!See how reimbursement works within staple →