How large is your budget? Have you ever quantified how much you are spending that is related to errors and/or intentional misconduct? What if you could save 10-15% of your budget by addressing this key issue with technologies that can be delivered today?
Error rates vary by program, but usually they are in the range of 3% to as high as 15%, depending on the domain. Errors can be distinguished between administrative errors, inputted/provided errors, and intentional program violations or other fraud. A factor that contributes most frequently to errors was the lack of sufficient documentation in the file.
Join Tier Technologies and learn more about how different technologies can assist you in minimizing and/or mitigating “fraud” in your agencies. Solutions such as Finger Printing, Voice Recognition, and Retinal Scanning are just a few technologies you can leverage in your core business functions to address this important area.
Presenter:
Joseph Kenney
Business Development Executive
Tier Technologies, Inc.
