Data Analysis

Data analysis consists of operating with data to gather valuable and practical information which can then be applied to create informed and knowledgeable conclusions. Data analysis can be used in qualitative research which includes statistical procedures and can also be a part of a constant interactive process whereby data is always collected and analysed at the same time.

For fraud prevention, data analysis is used to determine anomalies, it does not directly detect fraud. However, after data has been investigated and confirmed, an audit can then evaluate if certain transactions are fraudulent.


By using IntelliQ's Data Challenge, we utilise your EPOS data and reveal examples of visible theft in your business. 

Exception Based Reporting

Updated on 19/07/2022