Fraud Shop Startup

As your business grows, so does the need to place your day-to-day operations on a solid footing. This applies to your fraud and loss management operations, as well as your profit-oriented functions. Typically, your fraud and loss management operations have grown organically, sprouting up where the need is perceived. But now you need to organize them so that they are in tune with your entire business model.

We will review the full spectrum of your current business activities, and identify the places where fraud and loss management operations are already employed. Using our Fraud Management Lifecycle® model, we will outline a comprehensive set of fraud and loss management functions, including fraud prevention, detection, mitigation, analysis, policy and investigation. We will propose an organizational framework that effectively synchronizes these different activities, while remaining compatible with your overall company organizational framework and philosophy. We can also help you with your staffing requirements if necessary.

What we'll do for you:

  • Analyze your fraud exposure, current efforts, and long-term needs for managing fraud.
  • Identify the key vulnerabilities against which you'll want to protect yourself.
  • Provide you with a phased plan for growing and developing your organization.
  • Provide you with an organization chart that maximizes fraud team effectiveness.
  • Assist you with staffing and training your new organization.

You'll be interested in this service if:

  • You need to start building a solid, top-performing fraud management team.
  • You want a clear picture of your short term fraud exposure and longer term vulnerabilities.
  • You want your new team to have cutting edge skills and capabilities.
  • You want to start planning now for long-term fraud management effectiveness.

The key benefits you'll gain from this service:

  • A clear picture of the fraud exposure that is most critical to your organization.
  • An immediate set of action items to address current vulnerabilities.
  • A roadmap for building out your organization as resources become available.
  • The peace of mind that comes from knowing where you're going, and how you're going to get there.