RPA technology can help businesses eliminate fraud in 4 key ways: 1) By redesigning current processes to identify those with high fraud risk; 2) Speeding up fraud investigations by having RPA bots efficiently pull relevant data from multiple sources; 3) Automating the review of transactions to identify patterns that reveal fraudulent activities; and 4) Minimizing human interactions which are often opportunities for fraud to occur. RPA implementations require understanding current processes to reduce fraud risks and costs.

1. 4 WAYS RPA
CAN HELP YOUR
BUSINESS
ELIMINATE
FRAUD

2. Fraud can create legal issues, financial problems
and other unwanted consequences. Many
companies are adopting emerging robotic
process automation (RPA) technology to
eliminate the chance of fraud ever occurring in
the first place.

3. 1. REDESIGNING THE CURRENT
PROCESS
● An RPA implementation requires
companies to thoroughly understand,
document and evaluate the current
processes that present high cost-
benefit potential and high financial
risk.

4. 2. SPEEDING FRAUD INVESTIGATIONS
● Every investigator needs to access many
data sources to begin a fraud investigation.
The more time an investigation takes, the
more difficult it will become to recover
funds.
● RPA can be extremely efficient in pulling
information to augment fraud cases.

5. RPA bots can be automated to review current and
previous financial transactions on a timely basis to
identify uneven patterns that reveal illegal (often
fraudulent) activities and piracy.
3. IDENTIFYING VULNERABILITIES

6. 4. MINIMIZING HUMAN INTERACTIONS
Fraud is a crime of opportunity, typically the
result of human interaction to manipulate the
data for improper gain

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