We serve All industries.

Our solutions are industry-agnostic and apply to all businesses of any size. The larger the organization, then greater the need for fraud prevention, compliance enforcement and audit accuracy. We have some custom industry solutions as well. Here are a few.

Globally bench-marked risk and compliance solutions using Big Data,
AI and Machine Learning to build a more resilient business.

FINANCE

The potential for financial fraud is virtually limitless. Here are a few that are a few that are commonly detected by us.

Drug Pricing & Gross to Net

Pharmaceutical distributors’ $450 billion in annual revenue is highly concentrated among three traditional full-line distributors: AmerisourceBergen, Cardinal Health, and McKesson. The distributors procure drugs in bulk from manufacturers at Wholesale Acquisition Cost (WAC). But afterwards a chargeback is computed based on the difference between WAC and ultimate pharmacy price, also factoring in contract price rebates and incentives.

This charge back is due within seven days and pharma companies are burdened with analyzing a humungous volume of transactions within that target to figure out chargeback accuracy. The result is often chargeback errors leading to losses.

Our tools prevent such losses. Based on case studies it seems that an investment of $80K in our tools usually results in savings of at least $7 million.

PHARMACEUTICAL

CONSTRUCTION

The construction industry faces unique challenges of fraud, risks, and compliance. We provide a planned business strategy to identify, assess, prepare for, and avoid any dangers, hazards and potential for danger – both physical and figurative – that might interfere with an organization’s operations; and (b) address financial well-being and threats as well.

Our tools can assess:

Our AI-based anomaly detection techniques uncover excessive billing, bid (or contract) rigging, bribery/corruption, assts misappropriate, and fictitious vendors.

With countless options for customization, access levels and permissions, SAP has the potential for unintended vulnerabilities.

With the current increase in cybersecurity threats, SAP presents an attractive target for cyber criminals, and this risk must be mitigated through regular some or all of the following measures:

SAP Audit.
SAP Security & Privacy settings.
SAP Controls optimization.
SAP Forensic Audit.
Process flow analysis through Process Mining.
Fraud Discovery through anomaly detection via fraudulent patterns.

Regular SAP Audit will entail at least the following:

Review of Configurable Controls and Access Controls.
Implementation of ITGC (IT General Controls) standards.
Review of Master and Transaction Controls.