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How to mitigate the risk of fraud in your business

September 22, 2016

How do you know if you are at risk of fraud in your business? What steps can you take to protect yourself against employees, contractors, and cyber hackers from exploiting your manufacturing organization?

Detecting and preventing fraud from affecting your business’ reputation and profits is easier than you might think. 

Implementing the right internal controls (including people, process and technology) allows you to detect “red flags” or indicators before the outcomes are detrimental and non-recoverable—the kind of fraud that can cost manufacturers insurmountable loss of margin or destroys their reputation. 

In this session, exclusively designed for manufacturing leaders, Shane Troyer, Partner, Advisory Services for Grant Thornton, and David Doyle, VP of Sales at SYSPRO Canada, share deep industry insights into ways to assess how, when and where your organization is at risk—and what you can do to mitigate the risk, including:

  • A framework to identify which business areas are most at risk
  • Common “red flags” or indicators that reveal fraud
  • Recommended internal controls (including people, process and technology) to protect against fraud
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