The recovery of a business from a fraud event, extends far beyond the collation of information and providing a satisfactory outcome.
Accounts Payable is a targeted area. Well meaning business controls provide little comfort, when an employee decides to step over your line. System point implementations return substantial ongoing savings for you.
Accounts Receivable is also popular, especially if the business factors its invoices within its cash-flow management plan. Untangling creative efforts in this area, include managing relationships with businesses far beyond the boundaries of the affected business.
Many techniques are deployed by the fraudster; invoice splitting and scanning lower value items, the list of possibilities that a business faces is quite large.
Of course, a lot of the opportunities would not happen without bypassing of IT/IS controls. IT governance reviews are our speciality from resolving frauds over many years.
Moving forward and being there for the business with preparedness to utilise new systems, assist and work with coaching champions to bring to the business an understanding and ownership of risk and compliance necessities is our speciality.
We have brought internal reporting through many complicated system upgrades with many benefits.
Most importantly was the restoration of trust.
Connect your dots with Clear2sea System Solutions.