Corporate fraud is more than just hacking a network. Often it is perpetrated by trusted individuals from inside the firewall. These frauds get far less media coverage than the network hacks that result in stolen credit card data and personal information, although this same information can be stolen from inside the technology infrastructure too.

Corporate fraud is also more than just stolen data, as it includes raw materials, finished goods, purchased parts, monies, and services, and is thus more appropriately labeled "supply chain fraud" because it can be perpetrated at any point in the supply chain – purchasing, accounting, manufacturing, distribution, shipping, sales order processing, inventory control, quality assurance, and fixed asset management. Supply chain frauds can happen domestically and internationally, and collusions can be internal, external, or both.

A key component of reducing supply chain fraud is the integration of the various links in the supply chain to allow data to flow through from one link to the next. Collecting and analyzing this data against acceptable metrics provides the opportunity to examine the exceptions and determine if fraud exists. Available and affordable technologies with proven performance histories - such as automatic identification (i.e. barcode labeling & scanning) and Electronic Data Interchange (EDI and other forms of eB2B) - enable the enterprise to move from a paper-based to paperless environment, collecting data electronically which can then be analyzed and cross-checked to other data sources for validation.

This audio conference covers:

• Expanding the concept of the supply chain to include both internal & external operations
• The types of fraud and collusion that can exist at each supply chain link
• The importance of data flow and supply chain integration
• How to leverage available technologies to better detect and reduce fraud

About the speaker:

Norman Katz is principal of Katzscan, Inc., founded in 1996 and focused on business processes and software applications used in internal and external supply chain operations. Combining his technical skills, business knowledge, and fraud-fighting credentials and experiences, Norman has expanded upon Katzscan’s core business model to include turnaround management and supply chain fraud detection and prevention using Sarbanes-Oxley compliance as a foundation. He has helped clients save tens of thousands of dollars on various projects, while also delivering better-than-expected functionality in shorter-than-anticipated timeframes. Norman is a Certified Fraud Examiner and a Certified Fraud specialist. He graduated from the University of Florida in 1985 with a Bachelor of Science in Business Administration majoring in Computer Information Sciences and holds a Certification in Corporate Governance from Tulane University College of Law.

Who should attend?

• Quality
• Operations
• Regulatory Affairs
• IS/IT
• Legal
• Senior Management