Procure-To-Pay Fraud Detection Agent

Deloitte’s AI-enhanced Procurement Fraud Detection Workflow can transform the way procurement fraud is detected, helping ensure efficiency, accuracy, and compliance across the entire lifecycle. This solution leverages intelligent agents to automate and optimize each step, from data aggregation to investigation and feedback.

Key Steps and Enhancements: Data Aggregation: AI automates data ingestion and confirms consistency across systems. Vendor Risk Profiling: AI builds dynamic risk profiles using clustering and anomaly detection. Duplicate Invoice Detection: AI uses fuzzy matching and pattern recognition to detect disguised duplicates. Shadow Vendor Detection: AI flags suspicious similarities and cross-references external databases. Split PO Detection: AI detects patterns of PO fragmentation and correlates with approval rules. Unauthorized Vendor Usage: AI cross-checks vendor usage against policy and contract databases. Payment Timing Anomalies: AI identifies timing anomalies and correlates with vendor behavior. Price Variance Analysis: AI benchmarks prices and flags outliers based on historical norms. Alert Generation & Routing: AI prioritizes alerts by severity and routes them to the right stakeholders. Investigation & Feedback Loop: AI retrains on confirmed cases to improve future detection accuracy.

Benefits: Operational Efficiency: Reduces manual effort and accelerates processing times. Accuracy: Enhances data extraction and validation accuracy. Compliance: Determines adherence to policies and regulations. Fraud Detection: Improves detection timeliness and accuracy.

By embedding AI into routine tasks, Deloitte’s solution not only boosts productivity but also frees up human talent for strategic innovation. It’s a future-ready platform that brings together AI, automation, and human oversight into a cohesive solution.

This professional service utilizes Amazon Bedrock, Bedrock Agents, Strands Agents, Lambda and OpenSearch.