CUT COSTS BY UP TO 5% BY RESOLVING FRAUD - ACCESSIBLE FOR EVERYONE

At the start of 2021, the BBC called out fraud as a global epidemic and a national security threat. Really? Fraud has been around for centuries and global surveys have for many years equated the cost to 5% of a company’s revenue, or on a global scale, around 5% of GDP each year. This cost will likely rise this year as fraudsters take advantage of the COVID pandemic. The cost of fraud is massive and corrosive, affects all our organisations and is far too important a cost to be tackled late or left to specialists alone. It means that every single member of the financial community should be able to spot the warning signs of fraud early, be it a greedy supplier, customer or middleman, false figures, front companies, criminal involvement and of course our own colleagues with an “overdeveloped sense of entitlement”. And the mantra: “Stop fraud early and save costs quickly”, together with a combination of early detection and effective investigations which leverage the power of data and remote tools”, is more important now than ever before. Our Fraud Detective School Masterclasses are for everyone, from the students to the senior management and boards. We ought to change the world, and do it with you!