
Uncover procurement risks earlier than ever. Prevent financial losses. Protect your reputation. SAS for Procurement Integrity continuously monitors procurement data and systems to spot early-warning signs that could indicate procurement fraud, and improves your investigative processes with advanced tools for forensic analysis.
Key Features
- Data management. Accesses, combines, cleanses and compares all relevant structured and unstructured data from disparate internal and external data sources, including third parties.
- Business rule development. Lets you import existing business rules and add to or modify them as new schemes are uncovered using a closed-loop learning system.
- Powerful advanced analytics. Includes a procurement analytics data model, procurement-specific scenarios, and a large set of predefined business rules developed using decades of experience and expertise.
- Detection and alert generation. Scores transactions in real time with an online scoring engine that uses a hybrid analytics approach – including business rules, anomaly detection, predictive modeling and associative link analysis – to spot suspicious activity.
- Alert management. Combines alerts from multiple monitoring systems, associates them with common data, and provides a more complete view of procurement risk.
- Social network analysis. Goes beyond individual invoices, payments and purchase orders to analyze all related activities and relationships at a network dimension. Provides an intuitive interface that lets investigators identify linkages among seemingly unrelated events and entities.
- Investigative workspaces. Fosters collaboration, compliance and efficiency with an easy-to-use interface that provides interactive visualization and search components.
Proactively prevent procurement fraud with SAS® for Procurement Integrity.
Procurement fraud is the second-largest economic crime on the planet. But you don't have to accept procurement losses as a cost of doing business. Watch this video to learn how SAS for Procurement Integrity enables you to take a proactive approach to preventing procurement fraud from a single, easy-to-use platform.
Recommended Resources
IDC Research report weighs in on how SAS® for Procurement Integrity identifies and tracks fraudulent activities.
Read about trends and best practices in detecting and preventing global procurement fraud.