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Detect Occupational Fraud with SAP Fraud Management

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Detect, investigate, and prevent fraud more efficiently and more effectively with SAP Fraud Management, powered by SAP HANA.

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Detect Occupational Fraud with SAP Fraud Management

  1. 1. Experience SAP Fraud Management. Start your Free Trial now: http://try.saphana.com/fraud Test Your Powers of Deduction Now: Try SAP Fraud Management for Yourself Download a free trial to find out how SAP Fraud Management, powered by SAP HANA can help you detect, investigate, and prevent fraud more efficiently and more effectively. DRAW YOUR CONCLUSIONSStep 3 For effective fraud management, you realize that you need a new approach that detects and prevents fraud as it happens. Processes must be accurate and thorough, without negatively impacting operational productivity. Your own powers of detection reveal the best possible solution to your company’s fraud vulnerability: SAP Fraud Management, powered by SAP HANA Real-time detection and fewer false positives Improved fraud prevention and deterrence Less dependency on IT resources and specialized analysts Increased security of transactions in key business processes Unified platform for multiple fraud scenarios You discover that, as fraud increases exponentially, the cost to detect and prevent fraud also rises. With traditional fraud prevention tools, companies experience: GATHER YOUR FACTSStep 2 1 Kroll, 2013/2014 Global Fraud Report, 2013 2 ACFE, Report to the Nations on Occupational Fraud and Abuse, 2014 Global Fraud Study, 2014 70% 58% 37% of businesses suffered at least one type of fraud in the past year1 of victim organizations did not recover losses after one year2 cited “complex IT structures” as the reason for increased fraud exposure1 50% of fraud cases are detected by accident, after the loss has occurred2 High cost, low return Inability to uncover useful information without specialized fraud analysts False alarms OBSERVE YOUR SURROUNDINGSStep 1 Your investigation reveals global fraud loss is estimated to top nearly $3.7 trillion annually2 The Problem with Detecting Occupational Fraud Every year, companies lose an average of 5% of their annual revenues to fraud1 . With fraudsters employing increasingly sophisticated and ever-changing tactics, this problem will only get worse. Can information technology deliver a solution that will reduce financial and reputational losses due to fraud?

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