We present a comprehensive look into the impact of fraud on organizations, and the benefits of Controls Automation. It highlights the growing problem of internal and occupational fraud, using Amazon‘s $9.4 Million fraud case as an illustrative example. The paper underscores the need for more stringent controls and automation, offering insights into the driving factors for automation, and the tangible and intangible returns on investment.
We show you the most important factors driving controls automation as well as the ones that deliver a return on investment (ROI) for Controls Automation.
In conclusion, while Controls Automation may entail initial costs and require organizational change, the potential ROI, both in terms of hard savings and soft savings, makes it a worthy investment. With robust controls and automation, organizations can better manage fraud risks, comply with regulations, improve operational efficiency, and save substantial costs.
