Data Analytics & Technology Solutions
Sampling finds problems by luck. Forensic data analytics tests every transaction against the patterns that fraud and error leave behind, and turns the results into dashboards and exception reports that finance teams can act on.
What we do
Forensic Data Analytics
Anomaly detection and red flag identification
We run full-population tests on your ledgers and sub-ledgers: duplicate and near-duplicate payments, gaps and duplicates in document sequences, vendor-to-employee matches on bank accounts, PAN and addresses, split purchase orders, round-sum and threshold-hugging amounts, unusual posting times and digit-frequency analysis.
Continuous Monitoring
Real-time fraud detection tools and dashboards
We convert the tests that matter into rules that run on a schedule and route exceptions to the right reviewer, so red flags surface in days rather than at year-end.
Advanced Tools
ACL, IDEA, Power BI, SQL, Python, and R analytics
We work with data exported from Tally, SAP, Oracle and other ERP and banking systems, and use the tool best suited to the volume and question, handing over reusable scripts where you want to run the tests yourself.
Data Visualization
Interactive dashboards and comprehensive reporting solutions
Findings are presented as clear visuals such as fund-flow maps, vendor concentration charts and exception trends, so boards and audit committees can see the issue at a glance.
When to engage us
- Before or during an investigation, to focus effort where the risk is
- As part of internal audit, to move from sampling to full-population testing
- To set up ongoing monitoring of payments and vendor master changes
- When management wants a clear picture of exceptions across locations
Our approach
Acquire with integrity
Data is extracted with documented steps and hash values so that its completeness and integrity can be demonstrated.
Reconcile
Extracts are reconciled to the trial balance before any testing, so nothing is missed.
Test and triage
Tests are run, and exceptions are scored and prioritised so reviewers see the highest-risk items first.
Hand over
Dashboards, exception reports and, where required, reusable scripts and a monitoring calendar.
What you receive
- Exception reports with risk scores
- Interactive dashboards
- Reusable test scripts and documentation
- Recommendations for data and system controls
Frequently asked questions
Which systems can you work with?
Any system that can export data, including Tally, SAP, Oracle, Microsoft Dynamics, custom ERPs and bank statements. We agree the fields and formats needed at the start.
How is our data kept secure?
Data is transferred securely, stored with access restricted to the engagement team, and returned or deleted at the end of the engagement in line with the engagement letter.
Do we need to buy any software?
No. We use our own tools for the engagement. If you want ongoing monitoring, we can build it on tools you already licence, such as Power BI or Excel.
Related insights
Testing Every Transaction: A Practical Introduction to Forensic Data Analytics
Why full-population testing finds what sampling misses, the tests that pay off most often, and how to use Benford's Law sensibly.
Twelve Red Flags of Vendor Fraud in Accounts Payable
Fictitious suppliers, inflated invoices and kickbacks leave traces in the vendor master and payment data. Here is what to look for.
Connect
Ready to discuss your forensic accounting needs? Reach out to our team of experts for professional consultation and assistance.