June 18th, 2012 – Reston, VA – IMC, Inc., today announced that the Company will showcase its web-based vendor risk management solution, VETTED., at the Association of Certified Fraud Examiners (ACFE) conference and exposition June 17-22, 2012, at the Gaylord Palms Resort and Convention Center in Orlando, Florida.
Tom Green, Director, IMC, Inc., Joseph M. Palmar, President, Palmar Consulting Group, and Matthew Muhart, Senior Vice President and Chief Financial Officer, South Broward Hospital District, will be presenting on effectively taking credentialing beyond the surface to a comprehensive systematic vetting at the Real-Time Solution to Real-Time Problems: Don’t Become a Fraudian Slip: Protect Your Organization’s Bottom Line and Reduce Vendor Risk track on Tuesday, June 18th at the Exhibitor Educational Sessions. During this session, individuals can learn to indentify the need for vendor risk management, determine the vendor risk tolerance levels, and build internal processes to manage vendor credentialing in an effort to protect your bottom line.
One of the most critical aspects an organization must determine in protecting its bottom line is its risk tolerance and what steps need to be taken to ensure compliance. As a preventative tool to fraud, collusion and other sophisticated schemes, IMC’s VETTED. solution provides the analysis needed to make informed decisions on an organization’s vendor population. The solution transforms critical information from the vendor portal, external databases (such as Thomson Reuters proprietary databases and Dun and Bradstreet), and internal databases such as Lawson into an analysis data source.
“Data is the critical ingredient to any successful credentialing process, but it isn’t just one source or two sources,” stated Tom Green. “By evaluating critical information from multiple sources [inside and outside of the organization], stakeholders can evaluate and investigate credentialed vendors. And, in the end, you know you will only be working with the vendors that match your risk tolerance.”
About the Speakers:
Tom Green, Director, IMC, Inc.
Mr. Green is responsible for defining the direction and scope for clinical and fraud prevention e-Solutions. His most recent work has focused on helping organizations manage risk tolerance levels in their vendor population. In this role, he is responsible for leading the product design, development, marketing, and sales teams for VETTED., a vendor risk reduction e-Solution for the prevention of fraud and corruption.
Joseph M. Palmar President, Palmar Consulting Group, Inc.
Palmar Consulting Group, Inc., is a boutique firm specializing in accounting, financial forensics, and outsourced CFO services. He has more than 20 years of accounting, finance, audit, and forensic experience in both public accounting and industry. At Palmar Consulting Group, Palmar and his team manage capital assets and construction projects with a value in excess of $1 billion, in addition to providing forensic accounting services. Recently Palmar received a special commendation from the FBI for his assistance in uncovering a multimillion-dollar fraud, and he is a graduate of the FBI’s citizen academy.
Matthew J. Muhart, Senior Vice President and Chief Financial Officer, South Broward Hospital District
As Chief Financial Officer, Mr. Muhart is responsible for overseeing the financial operations of the Memorial Healthcare System, which includes the finance and accounts receivable management departments, admitting and registration services, financial reporting, purchasing and materials management, financial planning, reimbursement and treasury functions. Muhart received his Bachelor of Science degree with a major in accounting from Barry University in May 1988 and is a Certified Public Accountant in the State of Texas. Mr. Muhart is a Member of the Healthcare Financial Management Association.
is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 60,000 members, the ACFE is reducing business fraud world-wide and inspiring public confidence in the integrity and objectivity within the profession.
For 30 years, IMC has provided award-winning government, business, and scientific solutions. Our flexible and scalable IT consulting combines advanced technologies and proven methodologies that focus on precise technical and business needs of our clients. Leading organizations in government, healthcare, life sciences, and commercial sectors continue to choose IMC as their trusted strategic technology partner.
., IMC’s pioneer solution in vendor risk management, goes beyond the typical credentialing to expose 3rd degree relationships and conflicts of interest in the vendor population. As a preventive control to fraud, collusion and other sophisticated schemes, VETTED. utilizes pre-emptive credentialing, forensic analysis and relationship discovery to ensure you only work with vendors that match your risk tolerance level in the end protecting your bottom line.
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