services

procurement fraud

Procurement Fraud is recognized as the second largest economic crime in the world. Preventing procurement or supplier fraud is an ongoing process that requires constant vigilance and an analytic partner that understands your business and has proven experience solving fraud problems .

Wikipedia–“Procurement fraud can be defined as dishonestly obtaining an advantage, avoiding an obligation or causing a loss to public property or various means during the procurement process by public servants, contractors or any other person involved in the procurement.”

According to a 2014 global economic survey conducted by PwC, twenty-nine percent (29%) of global organizations had experienced procurement fraud.

Zencos has worked with government and private sector clients helping them solve their fraud problems. We have implemented multiple solutions from SAS Institute to help to solve an array of fraud problems.  In addition, we have solved some of the same issues facing the industry by leveraging non-SAS commercial and open source software.

why work with zencos?

Zencos is a proven leader in the Financial Crimes consulting space. Over the last decade, our CAMS certified industry professionals have successfully completed numerous AML and Fraud projects in North, Central, and South America.  Eric Hale, VP of Analytical Solutions, helped build the industry leading SAS AML solution and also lead the delivery team during his time at SAS. If needed, our team members can also deploy open source technologies and can integrate open source with SAS.

The Zencos Way is to exceed client expectations with our ironclad work ethic, passion for success, on time delivery of quality work, team players, love of problem solving, strong communications, and skills far above industry standards.

Zencos is a SAS Gold Consulting Partner and re-seller of SAS Software.

get in touch

Greg Rogers, Director of Business Development: 919.459.4600 grogers@zencos.com