Arbutus Analyzer

Step 1: Import payment data from the accounts payable system.

Step 2: Use the 'Duplicate' command to identify transactions with identical vendor, invoice number, and amount.

Step 3: Review the identified duplicate payments and investigate the root cause.

Step 4: Implement controls to prevent future duplicate payments.

Step 1: Import invoice data from the accounts payable system.

Step 2: Calculate the average invoice amount per vendor.

Step 3: Identify invoices with amounts significantly higher than the vendor's average.

Step 4: Investigate the flagged invoices for potential fraud.

Step 1: Import general ledger data.

Step 2: Calculate key ratios and metrics for each account (e.g., debit/credit ratio, transaction frequency).

Step 3: Assign risk scores based on predefined criteria and thresholds.

Step 4: Focus audit resources on high-risk accounts.

Step 1: Import purchase card transaction data.

Step 2: Identify transactions exceeding predefined spending limits.

Step 3: Flag transactions with unusual merchant categories or locations.

Step 4: Review the flagged transactions and investigate any potential misuse.

Step 1: Import vendor master file data.

Step 2: Identify duplicate vendors based on name, address, or tax ID.

Step 3: Check for inactive vendors with recent payments.

Step 4: Verify vendor information against external databases (e.g., OFAC list).