Our Solution

Our Digital Experts, built on Purple Fabric, monitors user activities and flags anomalies by identifying unusual interactions between buyers and sellers in real-time. This proactive approach prevents fraud and ensures high levels of policy compliance, safeguarding the integrity of procurement operations.

Key Outcomes

• Compliance adherence rates increased by approximately 90-95%, ensuring that procurement processes align with regulatory standards and internal policies.
• Fraud detection accuracy increased by up to 40%, significantly reducing instances of collusion and unethical practices in procurement.
• Enhanced procurement integrity and trust, leading to more transparent and ethical business operations.

Business Challenge

The procurement process in corporate and public sectors is vulnerable to collusion between buyers and sellers, leading to inflated prices and the acquisition of substandard goods and services. This unethical behavior undermines compliance and threatens the integrity of procurement operations, posing significant risks to organizational reputation and financial health.

 URL - https://purplefabric.ai/solutions/anomaly-detection-solution/