The season approaches. Gift-giving is a long-standing global tradition that many companies practice by offering reasonable rewards to their clients, suppliers, distributors, resellers, vendors and other business partners.
It goes without saying that the practice of giving reasonable gifts over the holiday season is not illegal but regulators expect companies to create and implement water-tight Gift Travel and Entertainment policies and procedures that clearly distinguish what is a reasonable gift and what is not.
Over the last 10 years, companies have been sanctioned or fined for paying bribes disguised as seasonal gifts. During this webinar we will discuss:
- How to explore your GTE data to see patterns
- How to efficiently manage GTE risk against resource restrictions
Common issues with Gift Travel Entertainment (GTE) and what companies need to prepare before the holidays.