Katzscan Inc. 28 Years. Since January 1996. Supply Chain Fraud. About Norman Katz
Services
Supply Chain Fraud Detection & Reduction
Supply Chain Fraud exists in the gaps between software systems and the transactions that software systems output. Standard software systems that run supply chains are Enterprise Resource Planning (ERP) systems, Electronic Data Interchange (EDI), and Automatic Identification (e.g. barcode labeling and scanning) systems.
Where there are no systematic transactions, manual processes introduce the ability for illicit behavior due to a lack of internal controls.
Data governance, automation, checks-and-balances, and the migration of paper-based transactions to electronic are each key factors in detecting and reducing supply chain fraud.
Supply chain design process that recognizes supply chain analysis is applicable to performance and fraud detection is supply chain execution that is leveraging supply chain systems and transactions for multiple governance and internal controls purposes. This enhances the return-on-investment of the supply chain software systems and the data analysis efforts, while also fostering a more collaborative environment between departments such as IT, Supply Chain, Operations, Audit, and Procurement.
Software Systems
Software systems that are focused on are notably Enterprise Resource Planning (ERP) and Electronic Data Interchange (EDI), both individually and integrated, in the fight against supply chain fraud.
Data governance to improve data integrity, end-to-end data transactions, and integration checks-and-balances are reviewed to ensure gaps are closed.
User rights-and-roles security is reviewed to ensure that individuals are not granted functional and (individual and aggregate) transaction authority beyond their job description needs.
Transaction Assessment
ERP transactions typically include sales orders, work orders, pick/pack slips, purchase orders, and invoices.
EDI transactions typically include purchase orders, purchase order acknowledgements, shipping notices, and invoices.
Whether an ERP system has EDI integrated or not, business transactions must balance through the entire order-to-cash (O2C) and procure-to-pay (P2P) cycles. When ERP has integrated EDI, the transactions between the two systems should balance.
We do not perform audits but will work with audit teams or will perform software systems or transaction assessments.