Fraud Reporting Portal

Our Confidential Incident Reporting Portal

The Facts about Fraud Reporting

According to a study conducted by the ACFE, firms that employ a fraud reporting service average $100,000 in fraud loss per scheme vs. $245,000 in fraud loss per scheme for firms that do not employ a fraud reporting service

According to the same study, firms that use a fraud reporting service detect fraud in 13 months from inception vs. 20 months for firms that do not leverage a fraud reporting service

The Solution

  • Confidential web based portal that provides employees access to report fraudulent activity and employee misconduct
  • Anonymous submission available
  • Effective way for Company Executives to utilize each employee as a way to monitor fraud activity
  • Web based portal that will track, report, and notify Ferraro, Amodio & Zarecki, CPAs for each incident reported
  • Web Portal available to clients and vendors of the Ferraro, Amodio & Zarecki, CPAs client, at their request
  • Available 24x7x365
  • Quarterly report of all issues during that period are shared with the client

The Process

  • Employee encounters fraudulent activity and/or employee misconduct
  • Employee submits a fraud ticket via the web based portal
    • The ticket is a specific template that ensures all pertinent information is captured
  • Once the ticket is submitted, Ferraro, Amodio & Zarecki, CPAs is alerted
    • If it’s a non-anonymous submission, Ferraro, Amodio & Zarecki, CPAs will reach out to the employee to gain any additional details
  • Ferraro, Amodio & Zarecki, CPAs reviews the ticket to determine proper course of action
  • Ferraro, Amodio & Zarecki, CPAs notifies the primary contact at the company with the reported issue to provide our possible course of remediation based on details provided in the ticket
  • Client decides whether to move forward with the recommendation

The Fee Structure

$50/month for Profit Organizations – strictly for the fraud portal and reporting, does not include any remediation work

$30/month – Non-Profit Organizations – strictly for the fraud portal and reporting, does not include any remediation work

**Pricing is a fixed investment to the client
**Pricing will not fluctuate based on employee head count
**No one-time cost for implementation