Preventing payroll fraud in Malaysia
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Payroll fraud is, without a doubt, one of the most insidious threats to businesses worldwide – and Malaysia is no exception. Essentially, it involves the manipulation of payroll systems to divert funds dishonestly. This can take many forms, including ghost employees, where a non-existent employee is listed on the payroll to extract funds fraudulently. Other […]
Payroll risk management strategies for Malaysian businesses
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Managing payroll effectively is a cornerstone of any organisation’s success. In Malaysia, businesses face unique challenges when it comes to payroll risk management, including compliance with local labour laws and navigating the complexities of multinational operations. Efficient payroll management is not just about ensuring that employees are paid on time; it’s about safeguarding the business […]