Prosperident has been at the leading edge of investigating dental office embezzlement for
many years. We have built a business around knowing how embezzlers steal and conceal.
But for most of our quarter-century existence, we have been using this knowledge reactively — we have been chasing, and catching, embezzlers after they have done their work.
We also have a bird’s eye view on the financial and emotional devastation that embezzlement causes, and we have never stopped thinking about how our knowledge could be used so that that fewer dentists are victimized.
What always restrained us was our oft-stated belief that prevention of embezzlement is impossible; embezzlers are faced with a cornucopia of possibilities, and that blocking a few through controls would result in a would-be embezzler selecting another of their many options.
And then we had the flash of inspiration — if we can’t dissuade someone from trying, could we structure an office so that theft becomes riskier, and more likely to be caught? We realized that we could, and fraudGUARD was born.
Owner Proactive Strategies begins with a thorough review of the embezzlement “hotspots” in an office. Next, we teach the doctor how to efficiently monitor their practice. And for dessert, the most important part — “compliance auditing.” This is where we test to determine whether your staff are following your rules. I don’t think it would surprise you to learn that if staff won’t follow your basic policies, it is a pretty safe bet that they will also ignore the policy called “don’t steal from me.”
Want to find out more? Give Prosperident a call at 888-398-2327 and we will be happy to help. Or click here
Thanks for reading.
David Harris CPA, CMA, MBA, CFE, CFF
Chief Executive Officer