Fraud Detection

Use Data Analysis to Detect Fraud

Fraud is a risk faced by every company and specifically by accounts payable.  It is important that accounts payable action regular analysis of its vendor master file and payment data for fraudulent activity.  The challenge is that fraudsters are quite sly and make it difficult to detect the fraud when hidden amongst hundreds of thousands or millions of transactions. 

DataShark A/P analyzes a company’s vendor master file, invoice data, payment data, pcard transaction, and employee address file to identify and flag potential fraud.   Analysis is based upon the generally agreed upon high-risk characteristics of fraudulent vendors.

DataShark A/P Fraud Detection Features Include:

• Match between vendor and employee addresses.
• Segregation of duties analysis between invoices, PO and vendor master file creation.
• Twelve standard analysis for risk
• And more. 

Next Steps

Read one of our Case Studies to see how other companies have benefited from DataShark A/P and download the DataShark A/P Data Sheet.

Contact Us for more information or to arrange a demonstration.

Inquire about our Free Trial.   See first-hand how DataShark will benefit your company.