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Public sector organisations estimate that fraud, waste, and abuse (FWA) drain about 16% of their budgets, while 96% of decision-makers say it negatively impacts citizen trust in government programs.
How can governments protect public funds, improve transparency, and detect fraud faster while maintaining citizen confidence?
Implementing data and AI for faster detection of fraud patterns and anomalies, investing in analytical skills, fostering cross-agency collaboration, and establishing continuous monitoring and automation are key strategies for improving fraud prevention and detection efficiency.
Explore deeper insights and strategies in this report.
Sponsored by: SAS Institute