Gaps In Business Processes

There is a major concern facing a number small to mid sized business owners that I know and is a huge concern of mine as a business manager. Gaps in business processes can cost an organization thousands, if not millions of dollars due to inefficiency and due to unscrupulous individuals who are familiar with the systems and take advantage. Within a former organization that I was managing, there was a individual who was caught stealing funds from registrations because there was not a solid business process for the organization to collect fees and there was no real oversight in place. My wife’s office dealt with an accountant who was billing his employer through a numbered company and had been doing so for years. It was the employers bank that had raised a red flag when the cheques to the numbered company became larger than normal. With every improvement of a business process, there is a way for individuals to take advantage of the system. How do business owners protect themselves from the risk fraud while maintaining a welcoming work environment? Do employers just accept the fact there will be a percentage of “spoilage” and factor it into the company budgets? Is the a business process capable of eliminating the concern?