Non-compliance and Revenue leakage in Shared Services operations using big data analytics
The Client – Indian subsidiary of one of the multinational companies located in Bangalore for their Shared services organization
The Scope – The Company uses shared services for operations across India. It wanted to track frauds, revenue leakage and process inefficiencies. The data volume was in millions of records.
The Solution –
Identification of cases of revenue leakages like duplicate payment to vendors
Identification of non-compliance issues – e.g. revenue recognition
Early identification of instances of fraud and corruption