Enterprise Fraud Risk Program

To implement an enterprise fraud detection and monitoring solution that integrates with TRS systems, supports defined fraud scenarios, and provides risk scoring, alerting, and reporting capabilities.
- Solution shall support both automated and user driven fraud detection and shall enable TRS to proactively identify elevated risk activity and events. The solution must include the implementation, activation, and ongoing support of a fully functioning platform, including integration with any third-party or TRS-designated platforms or applications.
- Procurement Fraud Solution
a. Revisions or alterations to electronic or hardcopy procurement records without documented explanation or supporting documentation.
b. Visual indicators of altered, forged, or “washed” documents, including invoices and supporting records.
c. Changes to vendor email domains or contact information inconsistent with established vendor profiles.
d. Ship to addresses that do not match approved TRS locations.
e. Submission of invoices in a format materially different from invoices previously submitted by the same vendor.
f. Employee misuse of system access, including approving transactions outside delegated authority, bypassing controls, or altering procurement data (e.g., a PAVES Administrator modifying evaluator scores).
g. Matches between employee contact information and vendor contact information.
h. Failure by employees to disclose conflicts of interest during procurements.