Organizations across the globe are exposed to fraud, corruption, and sanctions violations risks that leave them vulnerable to regulatory penalties, reputational damage, financial loss, and even prosecution. Finance and accounting processes such as accounts payable, procurement, and travel and expense management are common channels to route many of these frauds.
While digital technologies such as AI, multi-thread behavioral analysis, language neutralization, and machine learning can deliver the visibility and predictive insights organizations need to stay ahead of these risks, they might not be enough to eliminate them.
Join this session to understand why organizations must combine the domain expertise of compliance experts with digital technologies to truly transform their compliance programs. We’ll discuss:
- Types of fraud and corruption schemes
- Tech stacks that can help you identify fraud and corruption risks
- The center of excellence model for improved compliance