IDEA: Accounts Payable & Revenue Leakage Workshop
Revenue Leakage affects us all, no matter the business sector in which we operate; incorrect pricing, operational inefficiencies, missing transactions, unpriced transactions, and uncollected revenues are just some of the causes of revenue leakage. But, IDEA Data Analytics can help you in your quest to establish control mechanisms and reporting facilities to both identify and predict potential leakage points.
With the pressure for accurate fraud analysis being placed firmly within individual business areas, it is not always feasible to utilise external services to help identify revenue leakage. In this one-day, in-house workshop, you will learn how to harness the power of IDEA Data Analytics to tackle monetary leakage directly.
Delegates should be fully conversant with the CIDA foundation level functionality covered in CI101 Introduction to IDEA Data Analysis.
The workshop will be based upon your own data and will show you how to use IDEA to:
- Prepare your own data
- Perform data quality checks looking for missing or incorrectly formatted information
- Look for fraud, unusual exceptions and trends
- Learn how to identify standard and non-standard (fuzzy) duplicate invoices and how to analyse the findings