Most of the companies are worried that their current audit approach may not be covering the major risks to their business. They are often frustrated by conventional audit tools that can’t keep up with the demands of their business and the volume of data it generates. They are looking to move beyond simply sampling financial data to truly auditing the integrity of their business processes.
To help companies get answers and some solutions, Lavastorm Analytics, a business performance analytics company, has teamed up with Kabel Deutschland, Germany’s largest cable provider, to host a webinar. The webinar will show light on how companies can use dependable, real-time audit analytics to fight fraud and optimize revenue assurance (RA) processes.
Ttitled, “Agile (News - Alert) Fraud Management: Close the Door on Fraud with Real-time Response,” the webinar will feature Stefan Robsen, VP of Global Solutions at Lavastorm Analytics along with Christoph Klein, senior VP of Credit Management and Revenue Assurance at Kabel Deutschland, the company stated in a press release.
“When we started down this path, revenue assurance and fraud management was new for the company,” says Klein. “We knew we needed a flexible solution that would let us be more hands on to develop the reports that would be necessary for us, and with these new agile analytics processes, we can move much faster now to identify abnormal patterns, and we expect to continue seeing huge improvements.”
Recently, TMC (News - Alert) reported that the company would be displaying at Management World to focus on the fact that the analytical process of a company does not have to be so difficult. The theme of all of their products is to stop working harder and start working smarter. She write that the company has met the market’s requirement for analytic services and is moving towards a “grab-and-go” analytics system that will benefit large enterprises and SMB’s alike.
Edited by Brooke Neuman