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Home » Few Use Analytics to Mitigate Supply Chain, Financial Fraud, Poll Finds

Few Use Analytics to Mitigate Supply Chain, Financial Fraud, Poll Finds

April 7, 2016
CFO

The consulting firm polled more than 2,600 professionals, finding that for a third consecutive year about 30 percent of them said their companies experienced supply chain fraud, waste or abuse in the past year.

Project managers and invoice approvers (26 percent) and procurement professionals (24.7 percent) present the largest risk of fraud, the survey found.

However, only 29.3 percent respondents use analytics to mitigate supply chain fraud and financial risks, with two-thirds (67.1 percent) saying they are confident employees will report any scams they see in the coming year.

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    KEYWORDS Big Data business intelligence CFO Data Mining Global Supply Chain Management SC Finance & Revenue Management SC Security & Risk Mgmt supply chain management: business intelligence analytics Supply Chain Risk Management supply chain solution Technology
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