WisdomInterface

Confronting The Elephant In The Room: Fraud Throughout The Government Supply Chain

How a data-driven approach to payment integrity can help UK Government departments drive up spend accuracy, potentially generating billions in annual savings.

It’s estimated that the amount lost to UK public sector fraud increased by approximately 25% between 2017 and 2021, rising to an eye-watering total of £50.2 billion. Fraudsters are deploying increasingly sophisticated techniques, making them more challenging to identify than ever.

The UK government is finally confronting the elephant in the room, represented by funds lost to payment fraud, waste, and abuse, and is establishing a counter-fraud function to address the problem. If successful, the effort could save billions, helping to balance the books and free up money for investment in citizen services.

With SAS, Government departments can tackle payment fraud, waste, abuse and error once and for all – with rapid results. We have a proven track record in this space, saving one UK Government department 1% of its spend on a major project or approximately £1 billion in just three months.

SUBSCRIBE
Image Processing

Who We Are

Xcellent Insights is a futuristic market intelligence firm, headquartered in New York, US that focuses on providing strategic market insights. We offer a plethora of data-centric research reports and consulting services to help customers expand and explore their business strategies, obtain clarity about current business trends and future development, and attain substantial growth. Our portfolio of services includes syndicated and custom research reports driven by end-to-end market research and market intelligence studies.

What We Do

We strive to offer the best market research and consulting services to our customers that will benefit them in making informed business decisions. We provide an extensive list of market research titles falling under various industry categories such as consumer goods, food, and beverages, automotive, healthcare, and chemicals, covering latest and trending market insights. Through our services, we aim to connect an organization’s goal with lucrative outcomes globally.

    Subscribe for more insights



    By completing and submitting this form, you understand and agree to WisdomInterface processing your acquired contact information as described in our privacy policy.

    No spam, we promise. You can update your email preference or unsubscribe at any time and we'll never share your details without your permission.

      Subscribe for more insights



      By completing and submitting this form, you understand and agree to WisdomInterface processing your acquired contact information as described in our privacy policy.

      No spam, we promise. You can update your email preference or unsubscribe at any time and we'll never share your details without your permission.