Procurement Fraud – today's economic crime
Most often committed by suppliers, fraud can have a dire effect on the purchasing of goods and services or commissioning of projects from third parties. With losses estimated at 1-4 percent of total procurement spending, the ramifications, if left undetected, can include an increase in unnecessary spending, operational disruption, reputational risk, legal action and, of course, financial loss.
How do we fight it? Through analytics. By bringing together data from disparate external sources, automate and accelerate the process of identifying patterns of fraud, waste and abuse, you gain better situational awareness and have the power the stop it.
SAS workshop on Continuous Audit for Digital Enterprises will help your organization gain the importance of:
- The importance of using automated processes to ingest data
- Ability to traverse and query complex relationships and uncover patterns, communities and social networks interactively
- Allow the audit team to see when alerts are being triaged and subsequently dispositioned, and keep track of the outcome when dispositioning is recorded
The workshop is tailored for:
- Finance, Audit, Governance, Compliance and IT executives
- SAP users
Date: 20 November 2018, Tuesday
Time: 9 AM – 1.00 PM
Venue: SAS Philippines office, 9/F Asian Century Center, 27th Street corner of 3rd and 4th Avenues, Bonifacio Global City, Taguig, Metro Manila, Philippines
If you have any questions please do not hesitate to contact us.
This event is no longer available for registration.