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SAS® Payment Integrity for Procurement

 * Overview
 * Features List

Request Demo



SAS PAYMENT INTEGRITY FOR PROCUREMENT


CONTINUOUSLY MONITOR PROCUREMENT DATA AND SYSTEMS TO REDUCE LOSSES AND OPTIMIZE
PROCUREMENT PROCESSES.


Request demo




UNCOVER PROCUREMENT RISKS EARLIER THAN EVER. PREVENT FINANCIAL LOSSES. PROTECT
YOUR REPUTATION.




CONTINUOUSLY MONITOR STAFF AND SUPPLIER ACTIVITY TO SPOT EARLY-WARNING SIGNS.

More effective monitoring starts with better data management. Our solution
combines structured and unstructured data from virtually any source, across
databases, systems, agencies and even third parties. Sophisticated data quality
techniques – including data matching, deduplication, entity resolution, etc. –
are applied automatically to create a single, holistic view of a person or
entity. Continuous monitoring of all activities lets you quickly identify
high-risk events that warrant further investigation – before money goes out the
door.





QUICKLY DISTINGUISH HIGH-RISK PROCUREMENT ACTIVITIES FROM LOW-RISK ONES.

The solution includes a procurement analytics data model, procurement-specific
scenarios and a large set of predefined rules based on decades of procurement
forensics experience. Our unique hybrid detection approach uses a powerful risk
scoring engine that automatically applies a combination of business rules,
anomaly detection, predictive modeling and associative link analysis at entity
and network levels, uncovering more suspicious activities with greater accuracy.
Risk- and value-based scoring models automatically prioritize alerts before they
are routed for further review. This greatly reduces false positives and enables
analysts to focus on high-risk items.






IMPROVE ANALYST AND INVESTIGATOR PRODUCTIVITY.

Investigative workspaces facilitate collaboration while improving productivity
and efficiency. With access to advanced tools for forensic analysis – including
interactive visualization and search components – via an easy-to-use interface,
your analysts can explore, visualize and manipulate data pertinent to
investigations and take static clips of visualizations to augment maps,
timelines, networks and other content.





MAKE FASTER DECISIONS WITH AUTOMATED ANALYSIS AND REPORTING.

The solution automates much of the data management, alert generation and
workflow, which streamlines operations and enables analysts to make decisions
quickly. Users can review all relevant data, perform advanced searches and apply
temporal or geospatial methodologies on a single platform. Automated reporting
provides information to key decision makers in the form of dashboards, portals,
web analytics, mobile reporting, briefings, alerts and more.





KEY FEATURES

Spot early-warning signs that could indicate procurement risks and improve your
investigative processes with advanced tools for forensic analysis.

View detailed features list



DATA MANAGEMENT

Accesses, combines, cleanses and compares all relevant structured and
unstructured data from disparate internal and external data sources, including
third parties.


BUSINESS RULE DEVELOPMENT

Lets you import existing business rules and add to or modify them as new schemes
are uncovered using a closed-loop learning system.


POWERFUL ADVANCED ANALYTICS

Includes a procurement analytics data model, procurement-specific scenarios and
a large set of predefined business rules developed using decades of experience
and expertise.


DETECTION & ALERT GENERATION

Scores transactions in real time with an online scoring engine that uses a
hybrid analytics approach – including business rules, anomaly detection,
predictive modeling and associative link analysis – to spot suspicious activity.




ALERT MANAGEMENT

Combines alerts from multiple monitoring systems, associates them with common
data and provides a more complete view of procurement risk.


SOCIAL NETWORK ANALYSIS

Goes beyond individual invoices, payments and purchase orders to analyze all
related activities and relationships at a network dimension. Provides an
intuitive interface that lets investigators identify linkages among seemingly
unrelated events and entities.


INVESTIGATIVE WORKSPACES

Fosters collaboration, compliance and efficiency with an easy-to-use interface
that provides interactive visualization and search components.





PROACTIVELY PREVENT PROCUREMENT FRAUD WITH SAS PAYMENT INTEGRITY FOR
PROCUREMENT.




EXPLORE MORE ON SAS PAYMENT INTEGRITY FOR PROCUREMENT AND BEYOND

Solution Brief


ENSURE SUPPLIER INTEGRITY & STREAMLINE THE ONBOARDING PROCESS WITH CONTINUOUS
MONITORING

Learn why you need a platform that automatically performs checks at the time of
onboarding and on a periodic basis afterward.

Read solution brief

White Paper


PROCUREMENT INTEGRITY POWERED BY CONTINUOUS DATA MONITORING

Procurement fraud is problematic because there aren’t sufficient controls in
place to detect and deter it. This paper explores how you can change that.

Get white paper

Insights Article


CONTINUOUS MONITORING: STOP PROCUREMENT FRAUD, WASTE & ABUSE

Learn about continuous monitoring and stopping procurement fraud, waste and
abuse now.

Read article

Solution Brief


MODERNIZE YOUR PROCUREMENT PROCESS TO MAINTAIN ITS INTEGRITY & REDUCE COSTS

Discover how you can modernize your procurement process to maintain its
integrity and reduce costs.

Read solution brief

View more resources


RELATED OFFERINGS

Check out these products and solutions related to SAS Payment Integrity for
Procurement.

 * Data ConnectorsEffortlessly access your data with robust connectivity, cloud
   data integration and optimized processing.
 * SAS® for Data Preparation and Data QualityHarness the power of clean,
   reliable data.
 * SAS® Model ManagerSimplify the creation and management of your model
   collection with a web-based interface that easily automates the model
   management process.

 * SAS® Visual AnalyticsDiscover and explore relationships in data, and share
   insights.
 * SAS® Visual Data Mining and Machine LearningSupport end-to-end data mining
   and machine learning processes with comprehensive visual and programming
   interfaces for users of all skill levels.
 * SAS® Visual StatisticsEasily build and adjust huge numbers of predictive
   models on the fly.

Browse all SAS solutions

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 3. SAS Payment Integrity for Procurement


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 3. SAS Payment Integrity for Procurement

SAS data and AI solutions provide our global customers with knowledge they can
trust in the moments that matter, inspiring bold new innovations across
industries.

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