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Mark Woodley

Partner, Deloitte Analytics

Mark Woodley, Partner, DeloitteTel: +61 2 9322 7573
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Mark is a partner in the Deloitte Analytics team based in Sydney and has over 20 years experience using analytics across a range of industries and clients. Mark leads the Sydney Deloitte Analytics team comprising approximately 45 analytics practitioners

Mark specialises in using analytics to provide strategic or tactical insight in support of cost reduction initiatives, revenue assurance, dispute resolution, regulatory compliance (e.g. AML, FATCA), claims management and fraud detection and prevention.

By using data analytics Mark can help clients identify transaction anomalies, recover financial leakage, highlight data integrity issues, provide investigation support and perform agreed on procedures in support of internal/external audit.

One of the tools used for analysing the client data is DTect™, a data analysis and interrogation tool that can identify and isolate suspicious financial transactions. The tool analyses 100% of electronic data held on client databases which gives significant depth of analysis advantages over normal sample based audit techniques.

Data analytics can be used to spot ghost employees, fictitious vendors, suspicious payroll increases, inexplicable cost increases, duplicate invoices/payments, GST overpayments, procurement inefficiencies, revenue expected but not received, employee expenses anomalies, superannuation benefit payment anomalies and other transaction inconsistencies.

Mark has experience across a range of industries and clients including Qantas, Downer EDI, Coates Hire, Goodman Group, AMP and ANZ.

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