Conducting frequent fraud risk assessments is among the top ways to discourage individuals within your company from committing fraud. Strengthening your internal controls and taking advantage of a strong a flexible data analytics software solution will go a long way to preventing fraud – or at least increasing the likelihood of detection before it can cause catastrophic damage. Below are four ways to put these strategies into action:

1. Fighting back with technology

2. Conducting regular fraud risk assessments

3. Knowing your business partners and third parties

4. Encouraging supplier and employee tips

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