This session examined the growing impact of fraud and improper payments across the federal government, where billions of dollars are lost each year due to both intentional deception and unintentional errors. Drawing on recent GAO findings, the discussion focused on why traditional approaches fall short and how agencies can use data analytics, AI and continuous control monitoring to strengthen oversight and protect taxpayer dollars.
Attendees joined to:
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Understand the problem by using analytics to quantify fraud and improper payments
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Spot suspicious activity through pattern recognition and anomaly detection
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Track results by measuring how prevention efforts reduce losses and improve accountability
Participants walked away with practical insight into how modern analytics can help agencies verify payments are going to the right entity, for the right purpose, in the right amount.