Fraud is everywhere, and it's not going away. The Association for Certified Fraud Examiners (ACFE) estimates that 5% of all corporate revenues are lost to fraud, and the vast majority of those losses are never detected or recovered. In addition the SEC and the US Department of Justice have stepped up their efforts to root out and punish organizations that don't do their part to prevent fraud. This leads many organizations to question how well they're dealing with this monumental problem. SAP's Fraud Management on HANA solution, an SAP appliance that facilitates rapid processing of large amounts of data, may be the answer you're looking for as it can help your organization do more surveillance with less effort.
This webcast will provide you with techniques to:
- Articulate the regulatory and operational challenges associated with managing fraud
- Enhance fraud management and error detection efforts utilizing highly tuned and tailored analytics
- Understand the functions and features of SAP's Fraud Management on HANA solution
- Go past fraud and root out errors, inefficiencies in processing, breaches of policy, and other drains on your business’s profitability