The Value of Financial Operations Protection
"...the use of data monitoring and analysis was associated with more than 50% reduction in fraud losses"
Report to the Nations
2018 Global Study on Occupational Fraud and Abuse
The Association of Certified Fraud Examiners (ACFE)
Enterprises recognize the need to manage fraud and error risks, yet fail to monitor their systems for incidents, threats and weaknesses. Most are faced with two risky and costly options:
Have scarce in-house resources utilize tools to carry out analysis
Hire expensive external consultants
We have paired proven analytics that have delivered over $1B in savings with a finely tuned decision and recommendation engine to enable a subscription financial operations protection service.
Utilizing heuristics for known threats, and machine learning for anomaly detection, the CTRLmatters platform detects, corrects and prevents enterprise operation systems from incurring incidents of fraud, waste and abuse.
The service provides monthly health check reports highlighting incidents and control weaknesses alongside well defined remediation actions. Informative dashboards are also provided for further reporting and analysis.