THE TOTAL ECONOMIC IMPACT™ OF GETT GROUND TRANSPORTATION MANAGEMENT PLATFORM 11 ANALYSIS OF BENEFITS SAVINGS FROM FRAUD PROTECTION Evidence and data. Another expense management issue that organizations often have to deal with is fraud. In ground transport ation , fraud may come in two forms: supplier overcharging or employees overinflating expe nses. While the interviewee had no concrete data to share on how the Gett GTM platform impacted their fraud risk, several external studies shine light on the prevalence of fraud in this field . 1 , 2 , 3 Modeling and assumptions. For this financial model, Forrester uses statistics from these studies to estimate how much fraud would cost the interviewee ’s organization. Risks. Some factors that ca n impact the savings organizations can experience from fraud avoidance include: • The overall risk of fraud in locations the organization operations in . • Current practices and systems in place to mitigate fraud risk Results. To account for these risks, Forrester adjusted this benefit downward by 10%, yielding a three - year, risk - adjusted total PV of almost $5, 900 . Savings From Fraud Protection Ref. Metr ic Source Year 1 Year 2 Year 3 E1 Incidence of suppliers overcharging or employees overinflating expense claims Assumption 15% 15% 15% E2 Number of expense claims suspected to be overinflated E1*D1 300 330 363 E3 Average overcharge Assumption 15% 15% 15% Et Savings from fraud protection E2*E3*A2 $2,385 $2,624 $2,886 Risk adjustment ↓10% Etr Savings from fraud protection (risk - adjusted) $2,147 $2,361 $2,597 Three - year total: $7,105 Three - year present value: $5,854 Total cost savings ( lower priced rides, fraud prevention and improved compliance ) 29%