$1000 is cheap... The real question is when will companies become wise to this scam?
Most companies make you fill in expense reports for every trivial purchase. It would be cheaper to just let employees take the cash - and most employees are honest enough. However the dishonest employee isn't why they do expense reports (there are other ways to catch dishonest employees). There used to be a scam where someone would just send a bill for "services" and those got paid often enough until companies realized the costs and started making everyone do the expense reports so they could track the little expenses.
Most companies make you fill in expense reports for every trivial purchase. It would be cheaper to just let employees take the cash - and most employees are honest enough. However the dishonest employee isn't why they do expense reports (there are other ways to catch dishonest employees). There used to be a scam where someone would just send a bill for "services" and those got paid often enough until companies realized the costs and started making everyone do the expense reports so they could track the little expenses.