 Today’s business leaders need succinct and actionable information at their fingertips. Pertinent data, drawn from in-memory systems such as SAP HANA, can shape long term strategies, while enhancing day-to-day operations and empowering employees at every level.
But no matter their scale, most organizations currently struggle to build infrastructure that best enables their information to be deployed for strategic impact. Small company technology managers and enterprise chief information officers alike operate under a deluge of customer data from multiple sources, requiring processing and analysis on a massive scale. In this context, establishing a comprehensive and targeted view of information is crucial to competitiveness.  Many governments reacted rapidly to Covid-19 to prop up their economies. These responses included grants, payment cheques, or salary coverage. The exceptionally short lead-in times in these initiatives unintentionally increased the risk for fraud, waste, and abuse.
False or fraudulent claims being made under existing programmes can be identified, along with waste, as a starting point for improving efficiency. Thereafter, types of losses not previously identified will also need to be understood and predicted. |
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