Annually, fraud and illegal activities cost businesses and government agencies in South Africa hundreds of billions of Rands. Detecting and preventing such activities are therefore critically important to both private and public-sector organizations in an effort to reduce these figures.
Predictive analytics solutions from SPSS Inc. assist organizations to combat fraud, waste, and abuse. To use a few examples, our solutions assist you to:
- Maximize tax revenues
- Manage compliance issues and detect improper payments
- Support anti-money-laundering efforts
- Combat other forms of fraud, waste, and abuse
SPSS solutions use advanced statistical and data mining techniques to detect patterns and anomalies. They then generate predictive models which identify activities worth investigating. Solutions on offer use open architecture which have the ability to interact with a wide variety of data sources and information systems. To you this means you can access any type of data and then deliver predictions and recommendations both to your organization’s automated systems and your decision makers, helping detect and minimize the impact of fraud, waste, and abuse.
The result of all the above means a healthier bottom line. If you are in the government sector it will enable you to continue and streamline delivery of essential programs and services.