Proactive Fraud Monitoring for JD Edwards EnterpriseOne
FraudID for JD Edwards EnterpriseOne, proactively detects and alerts for suspicious transaction activity by closely monitoring production data in real-time.
With over $3.7 trillion dollars lost due to fraud annually by businesses around the world, fraud prevention has become essential to running a successful business. Studies have shown that proactive data monitoring and analysis is the most effective fraud prevention solution, and can reduce losses by up to 60%.
FraudID for JD Edwards combines transaction monitoring, data pattern and statistical analysis, and log mining techniques to flag suspicious JD Edwards end-user activity and alert auditors and controllers in real-time.