Preventing Financial Fraud in the Public Sector: A Structural Approach Using the FAST™ Framework
DOI:
https://doi.org/10.70792/jngr5.0.v1i4.136Abstract
The evolving complexity of public finance systems presents significant challenges in preventing financial fraud, ensuring compliance, and maintaining operational transparency. With cloud ERP adoption on the rise—especially SAP S/4HANA Public Cloud—there is an urgent need for structured, strategy-led frameworks that embed control, visibility, and audit readiness into financial architecture. This article introduces the FAST™ Framework as a structural model to enable fraud-resistant digital finance systems. By aligning architecture, governance, and intelligent automation, FAST™ empowers public sector organizations to proactively mitigate fraud and build scalable, secure finance operations.
Keywords:
SAP S/4HANA, Financial Fraud, Public Sector, ERP Transformation, Digital Finance, Compliance, FAST Framework, Finance Architecture, SAP BTP, Governance
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Copyright (c) 2025 RAHUL BHATIA
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