Wanted: Strategies to Reduce Improper Payments

There’s a battle happening with improper payments where $236 billion was lost in 2023 alone, adding to a staggering $2.7 trillion over 20 years. Picture the digital era as the Wild West with daring fraudsters exploiting payment methods with new tactics every chance they get. A collective reform is needed to develop a path forward. In this session speakers lay out a roadmap for reducing improper payments caused by fraud or execution errors that starts at the very beginning with identity verification, and covers every step after including qualification, enrollment and disbursement. Through real-life examples attendees will discover how data analytics cutting-edge technology and robust internal controls can equip your organization with the necessary tools to protect your financial integrity.