Benford's Law

Provides the building blocks for any analysis utilizing Benford's Law. It takes a sample data set and preforms Benford's analysis on the PO amount.

Input Requirements

• A data file with numeric fields in which you'd like to run analysis on. (Purchase orders, invoices, expense reports, journal entries, etc.).

• Benford's Expectations table: Currently setup with a standard expectation, you can adjust this according to your own analysis

• Parameters

  1. Difference Vs Expectation Threshold: Difference amount between Benford's expectations and your data in which you might consider to follow up with.

  2. File Input Parameter

Output Expectations

• Analysis on your population or sub population's first digits tagged for follow up if not in line with Benford's expectations.