ACL delivers government organization 702% return on investment

Through implementing continuous monitoring and automation using ACL’s software platform, a government organization realized a 702% return on investment.

By | September 19th, 2017|Blog|0 Comments

Robotic process automation: An opportunity for auditors and financial control specialists

Robotic process automation (RPA) is not a new thing, but has experienced recent renewed interest, particularly in audit and financial control management. Don’t get left behind—discover the many advantages and opportunities RPA offers.

By | September 1st, 2017|Blog|0 Comments

Remove problems in your purchase-to-pay cycle

Intentional and unintentional purchase-to-payment fraud can be incredibly costly to governments. Learn how to reduce the likelihood of these risks occurring.

By | August 29th, 2017|Blog|0 Comments

How to detect and mitigate fraud

Fraud risk is prevalent in all areas of the public sector. It’s found in agencies at the federal, state and local government levels, with some variation. An ACL survey on fraud found that less than 30 percent of anti-fraud recommendations are fully acted upon by government agencies. (American City & Country, August 16, 2017)

By | August 16th, 2017|Media Coverage|Comments Off on How to detect and mitigate fraud

As insurance fraudsters get smarter, so do investigators and their methods

The Washington, D.C.-based Coalition Against Insurance Fraud says that insurance fraud is an $80 billion-dollar-a-year enterprise, and as fraudsters become more daring, investigators are using a broad range of tools to capture them. (Property Casualty 360, August 10, 2016)

By | August 10th, 2016|Media Coverage|Comments Off on As insurance fraudsters get smarter, so do investigators and their methods

Real estate scams need high-tech attention, say Vancouver and Canadian experts

Experts say that money laundering, fraud and tax evasion in B.C.'s speculative real estate market could be impossible to tackle unless agency information silos are broken and enforcement is increased with high-tech efficiency. (The Province, March 31, 2016)

By | April 1st, 2016|Media Coverage|Comments Off on Real estate scams need high-tech attention, say Vancouver and Canadian experts

Fighting real estate fraud in Vancouver

With soaring housing prices in Vancouver, Canada, there is ample opportunity for real estate fraud to occur. (GRC & Fraud Software Journal, March 24, 2016)

By | March 24th, 2016|Media Coverage|Comments Off on Fighting real estate fraud in Vancouver

Promoting Audit, Compliance and Risk Management Collaboration

FEI Daily spoke with Dan Zitting, chief product officer at ACL, about the changing compliance environment and a resulting desire among many companies to foster audit, compliance and risk management collaboration. (Financial Executive Magazine, March 20, 2016)

By | March 20th, 2016|Media Coverage|Comments Off on Promoting Audit, Compliance and Risk Management Collaboration

Vendor Scoring – Identifying the Best Vendors to Audit for Fraud Recovery – Part 2

This is the fourth post in a series called

By | August 7th, 2014|Blog|Comments Off on Vendor Scoring – Identifying the Best Vendors to Audit for Fraud Recovery – Part 2

Vendor Scoring – Identifying the Best Vendors to Audit for Fraud Recovery – Part 1 of 2

This is the third post in a series called Practical Data Alchemy Using ACL Software by Rich Lanza. In any organization, there may be thousands of vendors but it is difficult to determine which vendors are the most ripe for review from an error, fraud, or cost recovery perspective. Usually, these vendors are identified as [...]

By | July 16th, 2014|Blog|Comments Off on Vendor Scoring – Identifying the Best Vendors to Audit for Fraud Recovery – Part 1 of 2