Strategic Partnership: Report It Now™ and Accord Analytics Unite to Combat Australian Workplace Fraud

Report It Now™ is pleased to announce its strategic partnership with Accord Analytics, Perth-based pioneers in AI-powered workplace fraud detection. 

This collaboration represents a significant advancement in how organisations can protect themselves from financial loss and reputational damage by combining cutting-edge AI technology with our proven secure reporting and case management expertise.

Rising Workplace Fraud Threatens Australian Business Performance

Workplace fraud continues to present significant challenges for Australian businesses. 

Recent data shows that 46% of Australian organisations report experiencing fraud or economic crime in the past two years, with the median loss per case estimated at more than AUD$150,000 as highlighted in PwC’s Global Economic Crime and Fraud Survey 2024: Australian findings.

According to the Association of Certified Fraud Examiners’ 2024 global study, organisations lose an estimated 5% of revenue to fraud each year, with tip-offs being the most common way fraud comes to light—accounting for 43% of cases. For Australian businesses, this translates to billions in annual losses that could otherwise fund growth, innovation, and job creation.

And fraud is becoming more sophisticated, with traditional detection methods struggling to keep pace with evolving threats.

Comprehensive Workplace-Fraud Technology Solution

Report It Now’s partnership with Accord Analytics addresses this challenge by creating a comprehensive integrity solution that covers the complete fraud lifecycle—from proactive identification through to secure resolution.

Accord Analytics brings advanced AI technology that can rapidly identify fraud patterns using simple data extracts. Their algorithms, inspired by fields such as physics and transport economics, can detect fraud “fingerprints” that traditional methods often miss. 

What’s particularly impressive is their ability to deliver actionable results within 48 hours without requiring complex system integrations.

“Accord Analytics uses advanced AI to detect fraud patterns in payroll, vendor transactions, and communications data that traditional methods cannot identify,” explains Adrian Fry, Director of Accord Analytics. 

“What makes our approach unique is the ability to deliver actionable results within 48 hours using simple data extracts—no complex integrations required. This partnership creates a powerful end-to-end solution where our AI detection capabilities seamlessly connect with Report It Now’s secure reporting and case management expertise.”

Creating an Integrated Defence System

As Craig McFarlane, Director of Report It Now™ Global Limited, notes: “By combining Accord Analytics’ AI-driven detection capabilities with our secure reporting and case management systems, we’re creating a complete ecosystem that identifies risks earlier and resolves them more effectively.”

“This integration addresses a critical gap for Australian organisations. Many companies have robust reporting systems but lack sophisticated detection capabilities. Others might have good detection tools but struggle with secure, confidential investigation processes. Our partnership addresses both sides of this equation.”

Next-Generation Fraud Prevention

Greg Dunn, fellow director at Report It Now™ highlights the complementary nature of this alliance: “What makes this collaboration particularly valuable is how it bridges the gap between detection and action.”

“When suspicious activity is detected through AI analysis, organisations need secure, confidential channels to properly investigate and address those concerns. That’s exactly what this partnership delivers.”

“As Australian organisations face increasingly sophisticated fraud risks, this integrated approach represents the next generation of comprehensive integrity management. We’re not just detecting problems; we’re creating systems that prevent them from escalating and provide clear pathways for resolution when issues do arise.”

Strengthening Australian Business Resilience

Since 2007, Report It Now™ has been helping organisations create ethical workplace cultures and protect themselves from fraud and misconduct. Now, with Accord Analytics as our partner, we’re able to offer Australian businesses an even more comprehensive solution that addresses the full integrity lifecycle.

This partnership reflects our commitment to supporting Australian business growth by providing the tools and expertise needed to build resilient, ethical organisations that can compete confidently in local and global markets.

Ready to Transform Your Integrity Management?

The partnership launches immediately, and we’re already working with organisations across Australia to deliver these integrated fraud detection and reporting solutions.

If you’re concerned about undetected fraud in your organisation, or if you want to strengthen your existing integrity systems, we’d love to discuss how this partnership can benefit your business.

Contact us today to learn more about how innovation in integrity can protect your organisation’s reputation and financial health.

For more information about our partnership with Accord Analytics or to discuss your organisation’s integrity management needs, contact Report It Now™ today.