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.
Procure to Pay risks are identified prior to payment with duplicate payment software.
Protection of Spend
Transaction and supplier details are checked at forensic level.
FISCAL’s customers protect their working capital and use that capital to fuel growth.
We’re proud of our customer success
“Very easy to identify duplicate invoices with this system.”
The Guinness Partnership
“FISCAL’s Forensic solution really helps us find, research and most importantly prevent duplicate payments to our vendors.”
UNC Health Specialists
“We really value the ease of use and transparency of useful information.”
“Because of FISCAL we have now stopped having to do manual checks on our payment run which has saved us a lot of time.”
“We really value the reporting function, looking at the different reason codes and values of duplicate payments.”
Recent Blog PostsVisit the Blog
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.
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.
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.
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?