A Proactive Approach to Detect and Alert for Suspicious Transaction Activity
With over $3.7 trillion dollars lost due to fraud annually by businesses around the world, fraud prevention has become essential to running a successful business. Studies have shown that proactive data monitoring and analysis is the most effective fraud prevention solution, and can reduce losses by up to 60%.
FraudID from Syntax uses transaction monitoring and sophisticated pattern analysis techniques along with log mining, to proactively detect, flag and notify auditors and controllers of any suspicious business activity in areas of your JDE production data most likely to produce fraud.
Built to run on the Syntax EnterpriseCare® platform, discover the benefits of FraudID, including:
- Available as a standalone solution or in conjunction with Syntax’s proactive CNC monitoring and alerting platform
- Supports all JD Edwards EnterpriseOne releases currently supported by Oracle, and supported databases include SQL Server, Oracle, and DB2/400
- Implementation typically accomplished in less than 8 hours