Protection
Our continuous, forensic-level and AI-powered risk detection will detect more risks, faster, protecting your supplier spend.
Controls
Checking every supplier, every invoice, every day adds to and strengthens your controls and compliance.
Savings
An immediate return of lost cash to your bottom line with ongoing prevention of overpayments.
Performance
Enabling Finance teams with P2P insights drives process improvements and elevates Finance to strategic business partners.
Duplicate Payments Software
24th November 2021
Stop paying the same invoice twice! Deploy NXG Forensics to prevent duplicate payments before they go out the door. Our customers achieve a full ROI within 2-3 months
Accounts Payable Recovery Audit
3rd November 2021
A review of your accounts payable historical data for the purpose of identifying and recovering funds paid to suppliers resulting from overpayments when they are not an exact match.
Procure To Pay
Risks
27th October 2021
Our customers rely on spend analysis to proactively manage their Procure to Pay risks resulting in cash savings, increased efficiencies and improved supplier relationships.
Supplier Risk Management
8th October 2021
Discover techniques, tactics, and strategies that your progressive procure-to-pay function can implement across your enterprise to eliminate supplier risk and help secure your supply chain.
Accounts Payable Audit
1st October 2021
No system or individual working within the procure-to-pay cycle is 100 percent error-free. An accounts payable audit will describe how duplicate payments and overpayments have occurred.
Invoice Fraud Prevention
20th September 2021
Invoice fraud prevention is possible with FISCAL’s continuous AI-driven technology as it pinpoints your high-risk suppliers and transactions.
Supplier risk intelligence®
…is the continuous monitoring of every supplier and every invoice to proactively detect and prevent risks in the Procure-to-Pay cycle.
Get ahead of audits and step up from basic invoice analysis.
Supplier Risk Intelligence® is FISCAL’s unique combination of cloud-based software, services, forensics and AI-powered risk detection of your accounting data and 3rd party risk data.
Supplier risk management success
From onboarding to experiencing the value of FISCAL’s Supplier Risk Intelligence solution, our team of trusted advisors in Customer Success and Consulting will be on hand to support you in getting the most value from your investment with FISCAL.
What you can expect from our tried and tested implementation methodology, based on 18 years’ experience:
- Implement supplier risk management solution in 30 days without disrupting your existing ERP and AP systems.
- Rapid solution payback in the first 2-3 months.
- Achieve up to 10X your investment over 3 years.
- Detect and pevent profit leakage 24/7.
- 100% of our customers find instances of duplicate payments.
Artificial intelligence. Real results.
100%
Preventative
Procure to Pay risks are identified prior to payment with duplicate payment software.
100%
Protection of Spend
Transaction and supplier details are checked at forensic level.
£millions
Saved
FISCAL’s customers protect their working capital and use that capital to fuel growth.
We’re proud of our customer success
Recent Blog Posts
Visit the BlogLive Webinar l Wednesday 8th December l 11: 00 AM GMT -Combatting supplier and staff fraud risks
This webinar focuses on the risks suppliers and staff introduce into your Procure-to-Pay cycle, and how, with a few simple steps, these can be turned around to protect your cash and become process improvement opportunities. Join us for this unique opportunity to hear from two industry veterans discussing the staff-based risks being encountered today, and how you can develop a proactive risk protection culture.
Live Webinar l Tuesday 2nd November l 15:00 PM l 11:00 AM EST – How to Decrease the Risk of Fraud with Caroline Adams
Caroline is a passionate, Independent Financial Advisor, who has led teams through numerous transformations and unprecedented periods of change. Caroline is excited to share her vast knowledge and experience on how best to protect your organisation from the ever-increasing threat of fraud.
AP automation is NOT the answer…not to everything…
Core business processes, like supplier spend, have been thrown into complete disarray, as their teams have been unable to get into the office and follow their existing, often manual processes, so the need for change and improvement has been accelerated into focus and moved to the top of their to-do lists.
ERP Migration – P2P risk protection
With an ERP migration – and most other finance transformation projects, there are risks to your Procure-to-Pay (P2P) cycle that increase significantly during, and possibly after, the migration project. Careful planning will mitigate these risks and leave you with a new ERP system that’s optimised for P2P risk detection and continually protected.
Can fish see water? (Or why do we ignore the huge risks of losses and fraud?)
Although AI, Bots, and RPA are all fashionable trends and are being adopted by most larger organisations, the questions many are asking are: can they be trusted, and do they work?
