Using decades of contract oversight and anti-fraud experience, we work in partnership with our clients to design and implement the most effective tailored procurement integrity data analytical and predictive model searches and approaches. Every organization wants its procurement data and analytics to produce different information allowing them to achieve a business objective. Some want their analytics to help them be more effective in their oversight, others look to enhance their contract management, some need help in anomaly detection, and others want it all. No one strategy works and taking a “cookie-cutter-approach” only wastes limited financial resources.
Even though there is no one way to do effective and efficient data analytics there are a few things to remember:
It is no longer a question of how can data analytics enhance procurement integrity and identify improper payments, rather it’s how can we maximize the various techniques.
Here are two videos to help you gain more insight on data analytics:
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