Fraud Detection and Reporting

How to successfully detect and report supplier fraud

Key Learning Points:

  • Identifying supplier fraud
  • Who is responsible for spotting fraud
  • What to do if a supplier attempts to engage you in fraudulent practices
  • When to report fraud to your line manager
  • When to report fraud to your National Compliance Officer (NCO)

Course Overview

It is important to safeguard your business and individual reputation by following processes designed to stop supplier fraud.

Our Detecting and Reporting Fraud short eLearning course explores how supplier fraud can be detected and how to report it. You will earn a customer rating star for correctly identifying the correct way to detect and report supplier fraud.

The Detecting and Reporting Fraud course is a single module focusing on how to spot and report supplier fraud. It highlights the importance of being aware of, and following, company policies set up to ensure compliance and stop fraud.

It includes a scenario where a Request for Proposal (RFP) is met with a potentially fraudulent response from a supplier. Learners must decide how to respond and whether to report it – and if so, who to report it to.

Course Details

  • Course duration: 5 minutes
  • Available in 2 Languages
  • Bite-sized learning designed for knowledge retention
  • Certificate on completion
  • Course can be tailored using Adapt Authoring Tool
  • Course can be tailored to meet your specific requirements

Course Contents

This course is published by Cylix

Tailored versions of the courses are available for the following sectors

Compatible for

Any Workplace

Public Sector

University/HE

College/FE

School

Fire & Rescue

The Assessment

Learners are asked to take on the role of Mary, who has recently sent out a Request for Proposal (RFP) to a group of bidders. She gets a phone call from a supplier that seems to suggest potential fraud.

Learners answer a multiple-choice question to decide how Mary should respond. If they answer correctly, they get a customer rating star and pass the course.

2 Ways of Purchasing

You can purchase our courses individually or for even better value you can purchase the complete range of Compliance, Health and Safety or Performance Management courses in one neat bundle.

1. Individual Licenses

If you buy courses on an individual bases you pay a price per learner, per course per year. You can run these courses on your own LMS if Xapi/SCORM compliant or you can take them online.

Recommended

2. Complete Bundle

Buy all of the Compliance, Health and Safety or Performance Training courses in one great value package and receive unlimited benefits including our AI driven Learning Experience Platform, Astute.

1. Individual Pricing

Number of Learners Cost (per year)
1 - 10
£34.50 / per learner
11 - 20
£29 / per learner
21 - 50
£23 / per learner
51 - 100
£17.50 / per learner
101 - 150
£11.50 / per learner
150+
Exchange rates are updated regularly but are only intended as a guide.

2. Complete Bundle Pricing

If you buy all the Compliance, Health & Safety or Performance Training in a complete bundle, all features come as standard, no matter the size of your organisation!
Number of Learners Cost (per year)
50 - 100
£34.50 / per learner
101 - 200
£29 / per learner
201 - 300
£24.50 / per learner
301 - 400
£21 / per learner
401 - 500
£17.50 / per learner
501 - 750
£14.50 / per learner
751 - 1000
£11.50 / per learner
1001 - 2500
£9.50 / per learner
2501 - 5000
£7 / per learner
5000 - 10,000
£6 / per learner
10,000 +

Included Features

  • All courses in our catalogue
  • Our Learning Experience Platform ‘Astute’
  • New courses added regularly
  • Branded, downloadable posters
  • Customise Course Content for Your Team
  • Regular course updates
  • Dedicated Account Manager
  • Unlimited help desk support
Exchange rates are updated regularly but are only intended as a guide. Prices are based on a 2 year contract.

Fraud Detection and Reporting

All employees are responsible for detecting and reporting suspicions of fraud whenever they become aware of them. Companies have systems and processes in place to reduce the likelihood of fraud in the supply chain.

It is in everyone’s best interests to know and recognise the warning signs so that they can protect the reputations of their organisations and their colleagues and ensure their company remains successful.

All employees are responsible for detecting and reporting suspicions of fraud whenever they become aware of them. Companies have systems and processes in place to reduce the likelihood of fraud in the supply chain.

It is in everyone’s best interests to know and recognise the warning signs so that they can protect the reputations of their organisations and their colleagues and ensure their company remains successful.

FAQ's

If you have any questions that are not covered here, please get in touch.

Most organisations will have systems and processes in place to reduce the likelihood of fraud in the supply chain. All employees are responsible for detecting and reporting suspicions of fraud whenever they become aware of them. Red flags include changes in accounts, missing documentation, excessive company purchases, altered inventories and false invoicing.

It is essential for businesses to prevent fraud from occurring within their organisations. Repercussions of fraud include heavy financial loss and reputational damage. To prevent fraud, it is necessary to take preventive steps and actions and subsequently implementing vital safeguards which can protect businesses from the consequences of fraud.

The National Crime Agency (NCA) is a national law enforcement agency which directs those who are looking to report fraud to the UK’s Action Fraud organisation which acts as the national reporting centre for fraud and cyber-crime. Businesses can report fraudulent offences to Action Fraud through an online fraud reporting tool or speak to a fraud adviser through a telephone number.

If you have any feedback about our products please contact us at [email protected]

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