GFC make audit on T&E and the 3^rd parties expenses on monthly basis, focusing on the completeness, timeliness and reasonableness for those underlying event.  GFC make logic judgment on those expenses by data analysis through different directions based on GFC’s unique industry database.

Successful case: GFC’s team sit in the office of clients, perform 100% pre-payment T&E audit.  After 8 months, rate of suspicious transaction reduced from above 20% to less than 5%.  Afterwards, client accepted GFC’s advise to do post-payment T&E audit, making overall risk assessment by different region and product categories, focusing high risk transaction.  GFC also help clients perform audit on the 3^rd party payment (e.g. city meeting with days more than 1 day, sponsorship meeting).