ERT - Enterprise Risk Technologies

Success Stories and Testimonials

Success Stories

Detection of Vendor/Employee Fraud

A matching exercise performed by ERT between vendor master and employee master data for a major public company isolated a handful of employees who were also vendors, who had submitted fraudulent invoices which had been paid.

Recovery of Duplicate Payments

Using data analytic techniques, ERT identified several invoice numbers for large amounts that had been manipulated and processed more than once for a large government department.

Identification of Invoice Splitting

ERT helped the local subsidiary of a global company to investigate spending authorisation limits, which led to the identification of invoice splitting.