Improving Fraud Detection
Improving Fraud Detection
SVP, Chief Clinical Officer
A large CPA audit firm with offices across the United States faced growing challenges in detecting potential tax fraud due to complex and varying regional tax regulations. Their traditional audit processes, which relied on manual efforts, struggled to keep up with the increasing volume of client data. To address these issues, we implemented a centralized, AI-driven fraud detection solution that integrated financial data from all offices into a unified platform. This scalable system leveraged machine learning to analyze financial transactions in near real-time, flagging suspicious patterns for further investigation. Auditors were empowered with self-service analytics tools, allowing them to explore potential fraud cases in real time. The result was improved audit efficiency, enabling auditors to focus on high-risk cases, while leadership gained actionable insights into fraud trends, helping refine client engagements and enhance fraud prevention strategies nationwide.
SVP, Chief Clinical Officer
Nationwide Data Integration
Integrated financial data from all office locations into a unified platform, ensuring consistent fraud detection regardless of regional tax differences.
Automated Fraud Detection Pipelines
Developed automated machine learning pipelines to process and analyze financial transactions, flagging potential fraud daily.
Scalable Fraud Detection Model
Deployed a scalable model that adapted to diverse tax regulations across U.S. regions, improving detection accuracy.
Self-Service Analytics for Auditors
Provided auditors with real-time analytics tools to explore potential fraud cases, increasing efficiency and effectiveness.
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