The customer is a leading Pharma company based out of New York, with valuation of over $USD25 Billion and headcount over 20,000.
The organization had been investing significant time addressing business disruptions caused by fraudulent vendor transactions.Fraudulent transactions impact the supply chain in the following ways:
Brillio implemented an AI powered – Real Time Vendor Transaction Anomaly Detection Solution through which potential fraudulent vendor transactions can be identified and profiled in near real-time, thereby enabling rapid intervention. This solution also provided quantification of risks associated with adding new vendors,which tend to bring more risk.
The 4 pillars that form the crux of this AI Solution are as following: –
4.Automated Model Refresh and Maintenance
The AI-powered fraud detection solution enabled:
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