PROCUREMENT TRANSFORMATION
AirPlus brings payment data together for you , so you can focus on completing your workout in the gym
Bulking up security through data analytics Ensuring the security of transactions can feel like a workout . This is not helped by the fact that the value of data makes it an attractive target for malicious actors . However , this very data can do the heavy lifting and enhance security measures :
Fraud detection : Machine learning algorithms can analyse vast amounts of procurement data to uncover patterns and identify outliers that may indicate fraudulent activity . These tools can detect unusual spending patterns , highlight suspicious transactions and even predict potential fraud before it occurs . This can significantly reduce the risk of financial losses and maintain the integrity of their payment processes .
104 December 2024