According to this article at the finance site, CreditShout, one of the top ways businesses have their identity stolen is through paperwork out on the desks of management or bookkeeping staff. Corporate identity theft leads to fraud and costs U.S. corporations billions of dollars each year.
Another risky move is to toss sensitive financial reports in the garbage without shredding them first. This leaves them open to both employees and outsiders.
Lastly, sensitive financial reports are often stored in an unlocked file cabinet in an unlocked office, where any employee or even outsiders can gain access to them.
All of these risks can be avoided with a paperless office.
Online accounting management not only saves trees—it can save your company millions of dollars by helping you avoid corporate fraud and identity theft.
At AccountingDepartment.com, we send all our new clients a scanner so they can scan and transmit receipts, expense reports, and other paper documents. We recommend you shred the documents after they are stored securely in digital format, or lock them in a private filing cabinet in a secure space. That action alone can cut your risk of corporate fraud and identity theft.
From there, we keep a paperless office. We do not print your financial statements. Everything is transmitted securely using the same SSL encryption used by major financial institutions. Our bookkeepers work alone, from their homes, in a secure office environment, and also have screen protectors that keep anyone from viewing the contents of their computer screen at an angle.
Identity theft is a major concern in today’s world. Don’t leave your business at risk. Online accounting management protects your financial reports—and your company’s future.
