The Ongoing Fight Against Fraud

No organization is immune to fraud or the misuse of funds, but because citizens have a direct financial stake in government, the public sector has a unique responsibility to prevent and detect fraud and abuse. Additionally, federal mandates such as the Financial Improvement and Audit Readiness (FIAR) Plan which enforces compliance with the Chief Financial Officers (CFO) Act by the end of 2014, have agencies speeding up their fraud prevention efforts. This thought leadership profile details how governance, risk and compliance (GRC) software, like Infor Approva, is enabling organizations to meet FIAR compliance, and fight fraud and abuse through regular auditing and oversight of automated financial processes.