Roofing contractors work hard each and every day. The sheer daily tasks of finding, estimating and installing jobs can be overwhelming. Many are too busy to keep a close eye on the numbers and fail to put anti-theft safeguards in place. Remember, you put locks on doors to help honest people from being tempted. Many of your employees face daily financial challenges. Put processes in place to protect them from themselves.
Despite our best warnings and teachings, we find one in 10 of our contractor customers experience some type of office embezzlement. In contrast, only one out of 100 experience a fire, tornado or other natural catastrophic events. It can happen to you and the electronic nature of banking and financial transactions creates an ever-growing threat. Most banks no longer want to provide written copies of checks making the risk even greater.