HIBIS EARLY DETECTION METHODOLOGY
Identification of early warning signs of potential fraud and corruption and how to resolve them
Hibis Early Detection is a methodology for clients who wish to identify real and significant examples where their organisation may be defrauded, pinpoint these instances early and resolve the issues in the most efficient and non-disruptive manner possible.
Hibis Early Detection is a combination of proprietary algorithms which identify suspicious transactions together with methodologies for investigative desktop research to refine and sort the findings.
Typically, Hibis Early Detection will identify indications of:
•Suppliers who are deliberately and unfairly over-charging or behaving unethically in some manner
• Customers which are receiving overly favorable treatment or are able to exert undue influence and pressure
•Where the jurisdictions of monies paid / received are not commensurate with the jurisdiction of the payer / payee
•Dealings and transactions with potential front companies and other centres of “dirty money”
•Consultants, agents and other middlemen who are misusing a trusted position
•Examples where collusion with employees is taking place
And other instances where fraud or corruption is causing a direct loss of money, or potential damage to reputation and/or the organizational culture