Home
/ Insights
/ Case Studies
/ Mitigating Fraud Risk for an Expanding U.S. Company

Mitigating Fraud Risk for an Expanding U.S. Company

A rapidly expanding U.S.-based company faced allegations of kickbacks within its Mexico operations. Following an internal investigation, the company engaged FTI Consulting to perform an in-depth review of its procure-to-pay (“P2P”) process, assess vulnerabilities and enhance internal controls to mitigate fraud risks and support sustainable growth.

Our Impact

FTI Consulting’s workflow mapping across the P2P process — from purchase requisition to vendor payment — highlighted inefficiencies and control gaps and informed targeted remediation efforts.
The company adopted FTI Consulting’s recommendations of automated approval workflows, enhanced vendor due diligence and periodic audits, reducing their fraud risk and improving compliance.
We strengthened the client’s internal controls by improving process efficiency and addressing key vulnerabilities, contributing to a more secure and transparent financial operation.
By enhancing governance practices and tailoring compliance training, we reinforced increased internal accountability and long-term organizational resilience.

Our Role

FTI Consulting conducted a comprehensive assessment of the P2P process, including vendor onboarding, disbursement review and reconciliation procedures, to identify control weaknesses and fraud risk indicators.
Our experts held interviews across the procurement, finance and accounts payable functions to uncover misalignments between policies and operational practices.
We developed enhanced procurement and third-party due diligence policies, supported by benchmarking and targeted recommendations across travel and expenses, anti-corruption and delegation of authority.
Our experts advised on scalable control enhancements, including automated workflows, vendor file oversight and documentation standards and delivered compliance training to facilitate the adoption of the enhancements and a change in company culture around compliance overall.