November 21, 2012 at 4:52 pm #173527
With the impending fiscal cliff looming and budget cuts a certainty for the federal government, agencies can no longer afford to lose billions of dollars a year to tax and healthcare fraud, waste and abuse.
Luckily, thanks to the ability of today’s advanced technologies to manage, analyze and map data, they no longer have to as this latest article by our client at Pitney Bowes Software discusses.
Here’s an excerpt:
Utilizing the data that is available to government agencies, they can identify and eliminate fraud, waste and abuse before it bankrupts the country. The first way to accomplish this is through today’s advanced master data management (MDM) solutions.
Today’s MDM solutions enable government agencies to manage, analyze, share and govern their data effectively and efficiently. This enables multiple agencies to share data and, through the analysis of this data, proactively identify individuals or activities that often indicate fraudulent behavior. By identifying individuals that exhibit the characteristics or behaviors often seen in those engaging in fraud, the agencies can then pursue a more formal investigation and eliminate fraudulent activity sooner.
The rest of the article can be read here: http://wp.me/p2S9aD-9i
Can you see technologies like MDM having a significant impact on reducing fraud, waste and abuse in our federal system? What are some other tools and technologies that can be of help as well?
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