Fraud Avoidance

Fraud Avoidance Planning

Having in place the systems to spot the potential for fraud within the receivables finance industry before it happens is crucial in avoiding the serious repercussions it can cause to you. Not only can fraud cause you serious financial loss, it can also lead to valuable management time being wasted, morale being affected, and more importantly, a loss of market reputation.

At Francis Wilks & Jones, we recognise the importance of fraud prevention within any business. Our dedicated team has experience in working both within the receivables finance industry itself as well as having assisted in a legal capacity many financiers on the issue of fraud prevention. We can assist in putting in place the systems to minimise the risk in the future.

• The areas which we can help you with are:
• Pre lend review
• Rolling portfolio reviews
• Existing client reviews
• Training and awareness lectures for all levels of staff
• Relevant legal and industry updates
• Implementation of a firm wide fraud prevention policy tailored to your particular firm

Fraud is an ever increasing risk to receivables financiers in this country. Let us assist you in minimising the effects it can have on you by helping you to avoid becoming a target for those committing fraud.