The solution leverages series of pre-built analytics to identify questionable transactions and supplier behaviors from suppliers, employees and purchasing data. It provides both individual and composite risk scores to tackle fraud head-on, including the most comprehensive collection of tests and algorithms. Fraud analyzer scores suppliers and employees based on risk factors and generates the comprehensive data needed to conduct a thorough investigation.
The solution features include
- Provides continuous, proactive fraud monitoring across multiple systems & data formats
- Produces a clear, actionable analysis prioritized by risk scores & configurable dashboards
- Identifies overlapping employee-vendor relationships.