1. „Soll an Haben“ WCHC Round 1 - Fraud Sönke Erfkamp, Jonathan Bernwieser, Florian Ruppert, Moritz Pfeiffer

2. The Fraud Purchase Requisition Purchase Order Goods Receipt Master Data Material Vendor Purchase to Pay Process Invoice Receipt Outpayment General Idea: Order a good at a higher price than normal by manipulating the purchase requisition. Use a complice as Vendor to obtain the profit margin. Our example: The employee Albert Jackson (JACKSONA) uses his rights to order ten overprized fire trucks at his wifes company. "Soll an Haben" - WCHC Round 1

3. The Fraud Purchase Requisition Purchase Order Goods Receipt Master Data Material Vendor Purchase to Pay Process Invoice Receipt Outpayment General Idea: Identification of uncommon material, which is currently only purchased internally (explains new vendor and new price). Our example: GTS-14001 (a very awesome fire truck) is selected as material. It normally costs around 110k Euro. "Soll an Haben" - WCHC Round 1

4. The Fraud Purchase Requisition Purchase Order Goods Receipt Master Data Material Vendor Purchase to Pay Process Invoice Receipt Outpayment General Idea: Creation of new vendor, which is controlled by us or a complice. Our example: Jackson creates MEIERSOHN, a new vendor, who focuses on the production of awesome fire trucks. "Soll an Haben" - WCHC Round 1

5. The Fraud Purchase Requisition Purchase Order Goods Receipt Master Data Material Vendor Purchase to Pay Process Invoice Receipt Outpayment General Idea: Create a new purchase requisition for selected material. Increase price compared to reference price in material master data. Our example: We order ten fire trucks for a price of 180k Euro per truck. "Soll an Haben" - WCHC Round 1

6. The Fraud Purchase Requisition Purchase Order Goods Receipt Master Data Material Vendor Purchase to Pay Process Invoice Receipt Outpayment General Idea: Create a new purchase order based on created purchase requisition. Order the goods from the created vendor. Our example: Jackson orders the goods at Meier & Söhne for the higher price. "Soll an Haben" - WCHC Round 1

7. The Fraud Purchase Requisition Purchase Order Goods Receipt Master Data Material Vendor Purchase to Pay Process Invoice Receipt Outpayment General Idea: No further action from fraudster required. These steps can be performed by any other employee. Our example: Peter Griffin (GRIFFENP) performs these steps of the P2P- Process. He is not involved in the fraud at all. Our partners at Meier & Söhne order the fire trucks at another company for a lower price (similar to the price that the trucks have normally according to our data) and collect the big margin. "Soll an Haben" - WCHC Round 1

8. What‘s the damage? "Soll an Haben" - WCHC Round 1 10* (180.000- 115.300) = 687.000 Euro