Invalid Transactions


Here we will demonstrate how CABAM can be used to identify any invalid transactions This is done because if the financial and operational controls have not worked properly, it could lead to financial losses.

An example of this would be an employee at a company. Let’s say he is paid on a certain day each month and is paid correctly for 2 months, but then resigns at the end of those 2 months. If he continues to be paid in the months following, CABAM will pick this up and identify this as an anomaly as he should not have received these payments.