Services > Fraudulent Transaction Analysis
Profectus offers a Fraudulent Transaction Analysis service for clients wishing to test for suspicious transactions involving suppliers or staff. Profectus auditors perform a standard battery of over 40 tests and analyses on accounts payable transactions and cross-reference them with payroll information to develop a list of suspicious transactions. This list of potential fraudulent transactions is then presented to our client for further investigation.
This service is a sophisticated transaction-based query of all Accounts Payable data that is linked to payroll information relating to a period specified by the client. Our results provide a list of transactions that our client chooses to investigate further or not. The transaction analysis that Profectus provides will in many cases be one of many pieces of evidence a client needs to address and pursue a fraud.
Profectus’ Fraudulent Transaction Analysis is not a fraud vulnerability analysis or a guarantee that no other frauds are being perpetrated on the client’s organisation. The dynamic and changing nature of fraud means that there is always a new type of fraud designed to evade even the most sophisticated analyses.
