Tools

Deloitte Analytics Platform

Using analytics to address fraud, waste, and abuse

The value of analytics is widely recognized as an important tool for uncovering fraud, waste, abuse, and potential corruption, or identifying signs of potential problems. But for some companies, the costs, time, and resources required to develop analytics capabilities, manage an analytics infrastructure, and review volumes of results can exceed what they can or want to commit.

How we can help

In an era of increased regulatory compliance and fraud exposure, the amount of data collected and available is on the rise. The Deloitte Analytics Platform can help companies understand their fraud and corruption exposures, incidents, and controls in this constantly changing fraud landscape—and potentially address issues before they become high-profile problems.

Additional benefits may include:

  • Effectively targeting specific areas of potential risk rather than using broad, standard testing, and sampling methodologies.
  • Freeing investigative teams and internal audit departments to focus on transactions with high likelihood of problems rather than expending resources to conduct analytics.
  • Leveraging a hosted solution to defer infrastructure investment and free limited IT resources to evaluate potential problem areas, map analytics strategy, and pursue other higher-value activities.
  • Having the flexibility to performing a one-time, slice-in-time assessment or series of ongoing analyses to meet a company’s compliance strategy.

Deploying on a continuous on-schedule basis may help prevent the typical pay-and-chase model and begin to shift the focus to early detection.

Deloitte Analytics Platform brochure

In an era of increased regulatory compliance and fraud exposure, the amount of data collected and available is on the rise. The Deloitte Analytics Platform can help companies understand their fraud and corruption exposures, incidents and controls in this constantly changing fraud landscape — and potentially address issues before they become high-profile problems.