Skanska Rental Fraud Prevention Case Study

This case study details the challenges faced by Skanska Rental, a company in the construction equipment rental sector, regarding fraud and inefficient onboarding processes. The company struggled with manual work and increasing fraudulent activities, which prompted the need for a more effective solution. By implementing the RiskGuardian Suite Fraud Module, Skanska Rental automated its fraud control processes, allowing for the detection of suspicious behavioral patterns and reducing the reliance on manual reviews. The results were significant, with the company reporting zero fraud cases in 2024, a stark contrast to the SEK 2.2 million in accumulated fraud losses from previous years. Additionally, the automation led to time savings, improved customer relationships through faster assessments, and a contribution to reducing economic crime. This case study emphasizes the importance of technology in enhancing operational efficiency and security within the construction industry.