Forensic technology is increasingly becoming the solution to combatting fraud; however, there is a need to ensure the proper measures are in place and to engage with reputable service providers that can render credible and sustainable technology solutions, audit, tax and advisory services firm KMPG said on Tuesday. Further, companies equipped with effective monitoring and swift response tools are better placed to catch and mitigate potentially damaging situations or fraudulent incidents and limit the subsequent potential repercussions and adverse financial, reputational or operational impact.
Source: www.engineeringnews.co.za
Forensic technology the solution to tackling fraud – KPMG
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