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Fraud Risk in Finance Shared Service Centers

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Fraud in Shared Services
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From the Advice Worth Keeping podcast series
Hosted by Stan Lepeak, global research director,
KPMG LLP Management Consulting


Finance shared service centers (FSSCs) have become an essential part of many organizations, but they require a paradigm shift in the way businesses manage fraud risks. The foundation that makes FSSCs attractive -- a process-driven efficiency that rewards speed and volume -- may create blind spots that fraudsters can exploit.

Satish Paul, a principal advisor in KPMG's Management Consulting practice, and Priya Giuliani, a director in KPMG's Risk Consulting team, highlight means to detect and prevent fraud, while maintaining high FSSC performance.

Listeners will gain an understanding of:

  • Factors that put FSSCs at risk
  • Examples of how fraud may be triggered and detected
  • Five important ways fraud risk can be mitigated
  • The single most effective barrier to fraud


Duration: Less than 18 minutes
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This podcast is based on the KPMG Insight article Are Finance Shared Service Centres Adequately Managing Fraud Risks?

For more on FSSCs listen to the podcast The Rise of Finance Shared Services Centers 2.0

More on Enterprise Service Governance


For more Advice Worth Keeping, view the full list of podcasts and visit the Reality Check blog.

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