An international survey completed in 1996 by the accounting firm Ernst & Young, found that:

1. Two out of five companies are defrauded every year.
2. Half of all fraud is discovered by chance.
3. Most fraud is committed by the victim companys' own employees.

Like all 'cash businesses', hotels are particularly vulnerable to fraud. There are many types of fraud and while some are fairly obvious e.g. cash shorts in the bar area, stock theft etc., there are many which are not readily recognizable.

At Bottomline Solutions, we have a deep understanding of the Hotel Industry and have the practical experience in order to identify the areas where owners are most vulnerable to internal as well as external fraud. We can identify areas of weakness and implement systems that will go a long way towards eradicating losses in these areas.

Effective controls can be established relatively quickly and at a reasonable cost.