Welcome to Gray - the specialist provider of fraud management services

Because not all issues are black & white

Consulting & performance improvement

Gray offer a range of integrated consulting and diagnostic services, all designed to drive out visibility of hidden fraud cost and deliver demonstrable improvements to bottom line performance for our clients. Our people have delivered over €1bn in tangible benefits to the companies that they have been involved with.

Visible fraud cost can enable commercial decisions to be made which may enhance the financial performance of the business. For example, if a company has a profit margin of 10%, revenues must increase by 10 times the loss to recover the effect on net income. For businesses are operating in highly competitive markets, where top line growth is difficult to achieve, this enables senior executives to consider a simple commercial question: Should we invest in marketing to generate an incremental £10million in revenues, or do we invest to prevent £1million of fraud? The effect is the same, but in competitive markets, the latter could be a cheaper and more viable option.

Illustration

Revenues	€100	100%
Expenses	€ 90	90%

Net Income	€ 10	10%
Fraud	€ 1
Remaining	€ 9

For every € that is lost to fraud, an incremental €10 needs to be generated to cover the cost

For organisations where quantifiable cost of fraud is low, fraud management can often be overlooked. However, regardless of the cost, the risk of fraud remains ever present - particularly from a reputational perspective. Successful brands are born into an environment where they are seen as assets by their organisations. Leaders will plan for their success by creating long term strategic plans that make the brand stand out and attract attention. Customers, shareholders and investors also want to feel safe to do business with organisations and unfortunately, brands can often receive attention for all the wrong reasons.

We know that a good fraud strategy can be leveraged to significant competitive advantage. Our services help to unlock this advantage and improve the performance of your company in financial and brand terms. Our services include:

Process level fraud risk assessments
Strategic advisory
Corporate governance reviews
Cost assurance programmes
Training
Return on Investment (ROI) quantification
FMS / Transaction Monitoring Systems health-checks