The challenge faced by many fraud examiners is that Excel does not support direct access to important transactional data. The barriers represented complex and disparate systems artificially limits the creativity and ability of examiners to perform the full scope and timeliness of fraud testing.
Although standard desktop tools like spreadsheets and business intelligence tools all have their important place within an organization, many Excel users still face functionality gaps or limitations with in three keys areas:
- Application does not support the required data volumes
- Significant IT resources and costs are required to support access to new data sources
- Reporting and analysis needs involve legacy systems and other non-warehoused data
Arbutus Connect is a complementary technology that extends the reach and fraud detection capabilities of Excel.
Why use Arbutus Connect?
Direct access to all of your corporate data
- Unique LegacyLink technology enables shortest distance between Excel and corporate data sources
- Directly access even your most complex mainframe data with Excel
- Arbutus Data Engines support access to both ‘live’ and staged data sources
- New data sources can be set up in minutes
- All data sources can be filtered at both the record and field level
Better fraud analysis and reporting
- Supports better, more comprehensive tests on areas that were previously to difficult to access
- When needed, Excel can be used to initiate fraud tests directly on production systems or other data sources within your IT environment
- Easily integrates and compares non-relational legacy data files with databases
- Process unlimited file sizes, with Excel only receiving the data subset that you need
- Cleanse and dynamically transform your data before testing
Additional capabilities with minimal deployment issues
- Examiners continue to use the tools they are familiar with, no new training required
- Supports centralized set up and administration of all data access
- No need to purchase new end user tools for examiners
Download Arbutus Fraud Detection Brochure [PDF]