In a study conducted in partnership with Selvitys, 25% of the business experts interviewed told us that fraud affects more than 5% of their company's turnover. So, whether it's to protect their business from fraud attempts, secure processes, or ensure legal compliance, a false document detection solution can make a difference. However, how do you convince your hierarchy to invest in a specialized tool? Here are three key strategies for effectively arguing and showing the added value of such a solution.
1- Highlight risks and potential losses
In 2023, nearly 65% of professionals say that their business is facing document fraud (invoices, quotes, CPAM certificate, pay slips...). Thus, the risks associated with document fraud are significant and can have serious consequences for a company.
To convince your hierarchy to invest in an anti-fraud solution, it is crucial to highlight these dangers and their financial and reputational impacts.
To find out more about our anti-fraud study conducted with Selvitys, download it!
Show industry statistics
Show concrete figures of losses caused by document fraud in your field.
For example, some Businesses in the financial sector can lose up to 5% of their annual turnover because of fraud. This data illustrates the potential cost for the company if it remains exposed to false documents.
Highlight legal risks
Failure to comply with regulations may result in fines, sanctions And a loss of partner trust.
In the event of undetected fraud, the company could be unintentionally involved in fraudulent activities. She then risks legal proceedings or expensive audits.
Read on: The risks of document fraud on your business
Highlight the impact on reputation
Incidents of document fraud can seriously damage the company's brand image.
For high-trust sectors, such as banking or healthcare, a single flaw in documentary verification can tarnish reputation and drive away customers and partners.
2- Show productivity and efficiency gains
A solution for detecting false documents can also provide concrete benefits in terms of productivity. It is a decisive argument for hierarchy. Such a tool simplifies internal processes and reduces the need for manual checks!
Automating verifications
Unlike manual processes, which can be time-consuming and prone to error, a false document detection solution allows to automate and accelerate controls. Les Checks are done in a few seconds, which reduces case processing time and limits human errors.
In 2023, nearly 70% of anti-fraud units use one or more software detection of false documents.
Release of resources
By automating documentary checks, the company frees teams from these repetitive tasks. They can thus focus on missions with higher added value. This increases overall productivity.
3- Highlight concrete examples and case studies
Concrete examples of success are often the most convincing for managers. Demonstrate how other businesses are already using a solution of detecting false documents and the benefits they derive from them can strengthen the credibility of your argument.
Present sectoral case studies
Find examples of businesses comparable to yours (ideally in the same industry) that have adopted a false document detection solution. For example, show how a bank was able to reduce fraud incidents by 30% using an automated verification solution.
Offer a demonstration of the tool
Sometimes See the tool in action is more convincing than any argument. Offer your hierarchy a live demo or suggest a free trial.
A demonstration allows you to see in a tangible way the speed and effectiveness of the tool, which can change the decision in favor of investment.
At Finovox, we offer free demonstrations ! Interested?
Use numbers and feedback
Positive statistics and feedback on the savings and security gains provided by the tool can be very convincing.
For example, you could present testimonies such as:
”The solution proposed by Finovox makes it possible to automate the detection of fraud, which greatly simplifies the process. It highlights the results of the checks in a clear and visible manner and thus facilitates decision-making.”
Guillaume Panayi, head of the fight against fraud and transversal LCB/FT expertise at the BPI.
To convince your hierarchy, it is essential to structure your arguments around risks avoided, of productivity gains And ofconcrete examples of success. By showing that the solution is helping to protect the business while making processes more efficient, you will be able to demonstrate that a tool for detecting false documents is a strategic investment for the future.
Need an effective tool? Contact our experts to learn more about the solution offered by Finovox.
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