Function of the Corporate Fraud Investigator – Atlanta Georgia

Shrink can come from many different areas and often times it is the job of the Corporate Fraud Investigator to identify and eliminate that shrink. In the loss prevention field we are all aware of, and remain on the lookout for, internal theft and external loss coming from shoplifters. It is equally as important, however, that we maintain a watchful eye on our supply chain. Vendor fraud and office supply scams are on the rise. We need to be mindful of this and take steps in order to combat it.

The corporate fraud investigator needs to ensure that the business is aware of it’s’ rights. You are only required to pay for the goods and services that you actually purchased. In other words, if you ordered 500 pens from a particular company and when you received the order there are 500 pens and 200 notebooks. The corresponding invoice will undoubtedly charge you for those 200 notebooks. However, since you did not place an order for that item you are not required to pay for them. This is why it is important to keep organized records of all your orders to ensure that you’re not being overcharged by an unscrupulous vendor.

Additionally, you should assign one individual in your organization to handle the duties of ordering new supplies. This will prevent redundancy in your process and help you identify most scams and attempted fraud much easier. Be aware that mistakes do happen in all aspects of business. If the discrepancy appears as a result of a simple oversight you should do your best to correct the mistake as quickly as possible. However, if the discrepancies are repeated and no resolution reached it is time for the corporate fraud investigator to step in to resolve the matter by whatever means are necessary.

For more information contact us at Corporate Fraud Investigator or call 1.770.426.0547 – Atlanta Georgia