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Preventing payment fraud and shadow spending

Nanonets

billion in 2011 to $32.39 This surge in fraudulent financial activities can be attributed to a combination of factors, including the widespread adoption of online payment systems, the increasing sophistication of fraud techniques, and the collaborative efforts of criminals facilitated through the dark web. billion in 2020 globally.

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Stay Tax-Savvy: Regional Invoicing Rules Explained

Invoicera

Moreover, proper invoicing practices are highly crucial during tax audits. Discrepancies can trigger further scrutiny, penalties, or audits, which will only cost your business dearly. Facilitating Tax and Financial Reporting Adhering to invoicing rules is good practice when documenting transactions.