The embarrassment and cost of corporate fraud prevention and mitigation program failures can be devastating to capital, jobs, reputations and careers.
Corporate Fraud Prevention’s New Face…
Time to change the dynamic and adopt the new standard: corporate fraud elimination. Fraud and embezzlement schemes can be very costly to large corporations in ways that even the most advanced corporations have not even begun to complicate.
The saddest part of this tale is that corporate fraud mitigation doesn’t really put an end to it (note graphics above and below from the Association of Certified Fraud Examiner’s 2020 report).
There’s More to Fraud & Embezzlement Than Emails
To fix this problem one must realize that current measures address symptoms and not the real problem. The way companies go about processing their A/P and A/R hasn’t changed for hundreds of years, but the technology has! The solution that will work has to be an “omnibus” solution that deals with the totality of this risk that is finally manifested as default risk. Fortunately, Rainmaker Analytics majors in default risk prevention and that makes iCREDIT the only solution of its kind in the world today.
Better Than Pay-Go Cost Profile
The iCREDIT solution addresses the totality of the issue, so the unique technological innovation that is iCREDIT provides elimination of redundant structures, costs and operations. The resulting change provides corporations with a net zero cost to adopt the system. What could be better than a net zero cost that eliminates fraud and embezzlement in real time?
Adaptable & Adoptable
The iCREDIT solution doesn’t require any extensive training. What good would iCREDIT be if you had to continually train people on how to use a software gizmo that the next hacker will just defeat anyway? iCREDIT took 14 years to design and create. We thought of this and you are covered. Why not take a minute from your busy day and find out how we can add some points to your net income and take fraud risk and default risk off the table at the same time? Your call…
The INVIZEN Platform was conceptually designed to support the end-goal of preventing investment losses from being realized on commercial real estate loans and investments.
The INVIZEN Platform design construct offers an end-to-end approach that engages the project or business at whatever life-cycle stage the given project or business may be currently found to be operating within. The INVIZEN Platform is designed to provide a progressive sweep of the entire due diligence spectrum of issues with every review. It starts with the valuation of the transaction opportunity.
Collateral underwriting is important but the reality is that collateral underwriting really only comes into play for EAD calculations and insurance risk mitigation. The value of the opportunity is the real issue and the Verifier Report from INVIZEN directly addresses this issue in terms of determining if the proposed transaction is priced at a discount to market based upon the specific risk profile presented by the project, the project’s business and the project’s market. That’s the Verifier Report.
Market Risk Management
First Look is our real-time market feasibility analysis reporting system for which there is no peer. The next-gen analytics design of First Look provides testing of the empirical assumptions and findings of the market feasibility analysis to determine if a reasonable basis exists for their inclusion and/or use in the resulting report that includes detail you just can’t find anywhere else. That’s the First Look Report.
Financial Risk Assessment Underwriting
Final Check is the crown jewel of the INVIZEN Platform. Final Check provides full capacity risk underwriting, collateral risk underwriting, credit risk underwriting and default risk underwriting financial risk assessment data and findings that is backed by a post-funding monitoring program that prevents the most common causes of credit and default risk events from becoming your loss severity risk realities. That’s Final Check and there is just nothing like it.
The outflow is then matched into our unique credit risk management platform that ties credit risk (again, think hard about managing CECL) and default risk prevention program known as iCREDIT.
This unique system provides real-time forensic auditing of every transaction event and generates an entirely new set of GAAP financial statements for the benefit of all financial partners that can be accessed in real-time.
Financial reporting transparency risk, execution risk, default risk and all of the associated risks are now within the scope of being proactively managed. That’s the INVIZEN approach that makes the difference in everything we do.
We provide opportunities in the form of distressed asset acquisition opportunities for sponsors and developers that meet the specific underwriting standards and requirements of the specific funds and institutions we support.
Our compliance services focus on FINRA (we are a FINRA Compliance Vendor) and supporting broker-dealers, banks (FASB Topic 326 compliance opportunities regarding CECL), credit unions, community banks, advisors, family offices and institutions that are seeking something more than reactive data and mitigation as being the only likely outcome.
INVIZEN is about reaching your peak opportunity efficiency level and having the freedom to focus on transactions that are profitable; transactions that have the likelihood of actually closing.
Clear up your backlog of time-sensitive opportunities.
Reduce your loss reserve calculations.
Turn CECL into a competitive advantage.
Exceed expectations of regulators when it comes to compliance with FINRA, SEC, OCC or the several states.
When you engage with Rainmaker Analytics you are engaging with a team and a system that is designed to make the financial instruments your firm engages in become a matter that is manageable, less frustrating and more profitable.
Your new path forward starts with that first phone call and confidential consultation.