From Fraud Prevention to Deterrence - How analytics can create a paradigm shift for Procurement
Tue 19 Sept
|Virtual RoundTable
Can a shift from prevention to a deterrence mindset help businesses and public agencies address fraudulent procurement and take steps towards creating a transparent relationship between customers and citizens alike? Find out in this roundtable packed with procurement experts and gain 1CPE.
Time & Location
19 Sept 2023, 11:00 – 12:00 CEST
Virtual RoundTable
About the event
ACFE Austria is happy to invite its members to join a virtual roundtable hosted by in cooperation with experts at a major UK infrastructure project, ACFE and KPMG. This event will help you gain 1 CPE. SAS Institute
.Secure your seat here
Procurement fraud exists in global economic history from the beginning of times; for as long as people exchange money for commodities, there have always been “greedy” individuals who find ways to work around laws and controls to manipulate the systems to their own benefit. To effectively help eliminate this challenge, it is time for organizations to leverage the use of 21st-century technology, to address the behavioral root cause of this issue; by using advanced analytics to create a robust culture of deterrence, systems could become so strong that potential fraudsters, would be discouraged from attempting anything. Due to its behavioral aspects, the shift from prevention to a deterrence mindset…