Fraud and corruption hides in nooks and crannies within and between systems, ransacking your capital resources, reputation, competitiveness, and employee morale.

Turning a blind eye to inadequate controls won’t get sympathy from your regulators and stakeholders. Use ACL technology to implement your anti-fraud or anti-bribery framework and manage a robust program from detection through to case resolution—to protect your organization’s performance, integrity, and reputation.

The ACL platform scours your data haystacks for fraud and corruption risk needles, leaving no transaction unturned. Built-in workflow helps you automate the assignment, review, and remediation of red flags—and track case investigation status—to see your program through detection, review, investigation, and resolution.

PROGRAM OVERSIGHT■■ Establish a fraud framework, and measure ROI and effectiveness.

■■ Set a tone from the top by cascading strategic focus down to link to controls and evidence.

■■ Manage regulatory programs for anti-bribery and anti-corruption (e.g., FCPA, SAPIN II) and financial crimes (e.g., AML, conduct risk).

■■ Manage anti-fraud programs by industry, region, or functional area (e.g., asset misappropriation, COI, COC, financial misstatement, cyber crime, third-party risk, etc.).

OPERATIONAL GOVERNANCE■■ Curate current regulations and standards to ensure compliance.

■■ Manage case investigation, life cycle, resources, and reporting.

■■ Communicate and enforce training and policy attestation.

■■ Track effectiveness of anti-fraud and anti-corruption controls, linked directly to evidence.

FORENSIC ASSESSMENT & MONITORING■■ Test 100% coverage of key business process areas and systems (e.g., ERP, IT, CRM, third-party, sanction lists, etc.).

■■ Automate tests for 24/7 detection and prevention.

■■ Build a defensible evidence trail and activity log.

■■ Follow up on red flags, broken controls, and crime using built-in remediation workflow and visualization.

ACL Solution for Fraud & Corruption Management

SAFEGUARD YOUR ORGANIZATION AGAINST FRAUD, WASTE, AND ABUSE

Software powered by data automation to detect, enforce, remediate, and smartly manage fraud and corruption.

Figure 1: Visualizations not only allow you to detect anomalies that aren’t visible in table data, but also aggregate the big picture, revealing the

effectiveness of fraud controls.

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SOLUTION SHEET

Learn more about what you can accomplish with ACLCall 1-888-669-4225 to speak with a representative.

Visit our website at acl.com

Email us at info@acl.com© 2018 ACL Services Ltd. ACL and the ACL logo are trademarks or registered trademarks of ACL Services Ltd.

All other trademarks are the property of their respective owners.solution-sheet-fraud-corruption-management

FRAUD EXAMINERS ARE SEEING RESULTS WITH ACL

702%

return on investment

$3.9M

net present value

$2.9M

in avoided vendor overcharges

$251K

in avoided P-Card fraud and misuse

Twenty thousand transactions were manually reviewed each month. Now [with ACL], all 100,000 are monitored continuously. It’s about being timely in providing information ... [Our team] could get back to working on improvements rather than chugging through data.

Deputy CIO, government administration department

HIGHLIGHTED FEATURES

DATA AUTOMATION FOR PROCESS OVERSIGHTEvery system has loopholes, gaps, and flaws that can be exploited for fraud and corruption. The ACL platform helps you detect and prevent crime and bribery by scrutinizing 100% of your data to immediately spot red flags. Apply text mining, graph analysis, pattern recognition, and cluster or predictive analytics—either ad hoc or continuously.

The ACL system triggers an alert when a threshold is exceeded. This gives you automated oversight of processes like billing disbursements, payments, O2C/P2P, expenses, GL, claims, procurement, and contracts, and programs like gift registry, anti-bribery, AML, COC, and cyber crime.

FORENSIC DATA DISCOVERY & VISUALIZATION

A picture is worth a thousand rows of data—and reveals clues that lead you to the questions you need to ask your data. Empower deeper investigation with the ACL platform’s data discovery and visualization tools.

Visually interpret data by using toggles to filter and slice results to find outliers, anomalies, and meaningful patterns that aren’t visible as a row in a spreadsheet.

WHISTLEBLOWER & INCIDENT REPORTING Whistleblower programs are one of the best lines of defense against fraud. Use the ACL platform to build an anonymous web hotline where employees, clients, contractors, and vendors can safely report suspicious behavior—no additional licenses required. The system automatically handles escalation, assignments, and notifications.

POLICY ATTESTATION & ENFORCEMENTReinforce tone from the top by enforcing your anti-fraud and anti-corruption policies. The ACL platform allows you to capture policy and training attestation with employee and third-party questionnaires, such as COI, COC, IT security, and SOD.

The ACL platform also flags violations and automates remediation requests. This smart feedback loop helps you both ensure policy knowledge and enforce compliance, all tracked in one place.

ISSUE ESCALATION, CASE MANAGEMENT, INVESTIGATIONSAutomate issue escalation and case management with workflow rules and triggers. With the ACL platform’s task assignment and routing capabilities, you can easily configure review assignments and capture notes and activities. Built-in case management helps you detect and escalate idle records.

The ACL platform makes it easy to connect to any stakeholder to collect evidence or input to close out your flagged record and resolve cases—and records a defensible evidence trail to support investigations.

Figure 2: Manage any fraud program in any industry. Tap into the power of data automation to illuminate the truth around fraud

control effectiveness.

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SOLUTION SHEET