Fraud: Detect, Prevent, and Deter to Protect Revenue Infographic
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Transcript of Fraud: Detect, Prevent, and Deter to Protect Revenue Infographic
More businesses are becoming global. They’re interacting with a wider network of suppliers, customers, and partners and, as such, are leaving themselves open to a higher risk of fraud. With this in mind, what can businesses do to detect and prevent fraud and protect their revenue?
Detect and prevent fraud with the SAP® Fraud Management analytic application, while keeping risks low and protecting revenue.
Find out more at www.sap.com/fraud.
Fraud:Detect, Prevent, and Deterto Protect Revenue
1. Kroll, 2013/2014 Global Fraud Report.
2. E&Y, 2013 EMEIA Fraud Survey.
3. Association of Certified Fraud Examiners (ACFE), 2012 Report to the Nations.
4. Strategically Detecting And Mitigating Employee Fraud, a commissioned March 2014 study conducted by Forrester Consulting on behalf of SAP and Deloitte.
5. Used with permission from Bain & Company, The value of Big Data: How analytics differentiates winners, September 17, 2013.
6. PwC, Global Economic Crime Survey 2014.
© 2014 SAP AG or an SAP affiliate company. All rights reserved.
Speed
18 months average timethat fraud goes undetected.2
Investigate
Automation47% of surveyed decision makers agree that fraud management processes are manual and lack automation.4
of businesses have suffered at leastone type of fraudin the past year.1
of executives across Europe, Middle East, Africa, and India say corrupt practices are commonplace in their countries.3
of organizations don’t recover any
of their losses from fraud.
The fraud picture today
Detect and investigate fraud
Resource28% of organizations can’t
perform fraud investigationsdue to poor resources.
Analyticsof fraud casesare identified
by data analytics.
Prevent and deter fraud
The typical internal fraudster is a man aged 31-40 with over 6 years’ service and a graduate degree.6
Predictive
MANUALFRAUDDETECTION
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5
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