top of page

MANAGEMENT UPDATE.

AI VS. FRAUD, WASTE and ABUSE

There’s long been a determined effort on the part of states and local governments to detect fraud, waste, abuse, mistakes, and control failures in local government vendor payments. This topic has only gotten more attention in recent months as a number of states are following the somewhat controversial efforts in the federal government to target the same issues. 


Enter Artificial Intelligence via a new initiative that uses analytics and machine learning to “uncover anomalies and patterns indicate of fraud and error in vendor payments,” according to a recent a blog post from ThirdLine, Inc., which provides data-driven reporting and analytics for local governments in the United States.  Other partners in this effort are UHY Advisors, which provides audit, tax, consulting and advisory services, and Rutgers University.


Pilot programs are already in place in several local governments to refine statistical models and make certain they’re effective. If proven successful, these pilots will lead to a nationwide rollout of these tools.



“"Governments today face heightened scrutiny over their management of public funds," David Osborn, CEO and Co-Founder of ThirdLine told us. "By partnering with Rutgers, we are delivering innovative solutions that both identify and mitigate fraud and waste and enable governments to demonstrate their dedication to fiscal prudence."


This partnership is a natural next step following a collaboration between Rutgers and the Government Finance Officers Association. In that work, the two used AI to help automate financial data extraction from local government reports, with the goal of reducing manual efforts and enhancing data accuracy.


#StateandLocalGovernmentManagement #StateandLocalGovernmentPerformance #ArtificialIntelligenceInitiativeAndVendorPaymentMistakes #StateandLocalFinancialManagement #StateandLocalAccountability #StateandLocalOversight #ArtificialIntelligenceFightingFraud #FightingFraudWithAI #ArtificialIntelligenceVSFraudWasteAbuse #ThirdLineInc #UHYAdvisors #RutgersUniversity #ArtificialIntelligenceFraudPartnership #NewArtificialIntelligenceVendorPaymnetInitiative #DavidOsbornAtThirdLineInc #StateandLocalGovernmentInnovation #GovernmentFinanceOfficersAssociation #StateandLocalGovernmentProcurement #StateandLocalGovernmentVendorPaymentMistakes #IdentifyingFraudWasteAbuseInStateandLocalGovernment #BandGWeeklyManagementSelection #StateandLocalManagementNews #StateandLocalDataNews #StateandLocalArtificialIntelligenceNews #BarrettandGreeneInc.

MANAGEMENT UPDATE ARCHIVES.

AI VS. FRAUD WASTE and ABUSE

COLORADO REDUCES AN AMBITIOUS GOAL

WHY ARE SO MANY HOMELESS IN LA

MUST HIGHER HOUSING PRICES EQUAL HIGHER PROPERTY TAXES

LESSONS ABOUT RECRUITING FROM THE MARINE CORPS

REALITY TV AND REALITY IN GOVERNMENT

A SOLUTION FOR THE WATER CRISIS IN EL PASO

BUILDING BROADBAND THE VISION AND REAL WORLD

Barrett and Greene, Dedicated to State and Local Government, State and Local Government Management, State and Local Management, State and Local Performance Audit, State and Local Government Human Resources, State and Local Government Performance Measurement, State and Local Performance Management, State and Local Government Performance, State and Local Government Budgeting, State and Local Government Data, Governor Executive Orders, State Medicaid Management, State Local Policy Implementation, City Government Management, County Government Management, State Equity and DEI Policy and Management, City Equity and DEI Policy and Management, City Government Performance, State and Local Data Governance, and State Local Government Generative AI Policy and Management, inspirational women, sponsors, Privacy

 

Barrett and Greene, Dedicated to State and Local Government, State and Local Government Management, State and Local Managemen

SIGN UP FOR SPECIAL NEWS JUST FOR YOU.

Get exclusive subscriber-only links to news and articles and the latest information on this website sent directly in your inbox.

Thanks for Subscribing. You'll now recieve updates directly to your inbox.

Copyright @ Barrett and Greene, Inc.  |  All rights reserved  |  Privacy 212-684-5687  |  greenebarrett@gmail.com

bottom of page