According to a 2022 World Bank blog, governments waste as much as US$3.25 trillion each year in “inefficient or shortsighted procurement practices.” Corporations also aren't immune to procurement fraud, waste and abuse. Other studies show 52% of companies above $10 billion in global annual revenues as having experienced fraud within the past 24 months. This super demo will illustrate how SAS® applies data and AI across the organization’s procure-to-pay life cycle. From supplier due diligence to invoicing, payables and spend analysis, the SAS Payment Integrity for Procurement software solution helps organizations surface potential cost savings, process improvements and legal/compliance risks buried within internal systems.
Presenting Company: SAS
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