A getting started guide to detect and prevent fraud
Every single government organization is vulnerable to fraud committed by employees. This is especially true when it comes to purchasing cards (P-Cards) and travel and entertainment (T&E) expenses. On top of this employee fraud, unintentional waste and abuse also happens in large programs like unemployment insurance and healthcare.
But data analytics technology, specifically built for fraud detection, is proven to reduce instances of fraud, waste, and abuse.
In this eBook, you’ll learn how data analysis can solve the fraud problem and we’ll:
- Investigate the key features you need in a data analytics tool.
- Present five other technology solutions for combating fraud, waste, and abuse, including risk and controls and whistle-blower hotlines.
- Detail how data analytics can identify fraud in P-Cards, T&E, and government programs.
- Outline the necessary steps to create an effective fraud monitoring program.