Transaction risk intelligence
Automated supplier statement reconciliation
Supplier risk intelligence
Managed AP recovery audit
Supplier file performance review
Forensic risk analysis
Consulting and bespoke reporting
We’ve just passed an incredible milestone!
Today, we’re proud to announce that we have protected over £2 trillion of customer spend across our history. It’s a milestone that caps almost 20 years of building specialised, purpose-built AI for Procure-to-Pay (P2P) teams.
While much of the market has discovered AI in the last few years, we’ve been applying it since 2007 to find risk in accounts payable. That’s nearly two decades of transaction and supplier expertise, 450+ implementations, and AI models honed on real-world P2P patterns.
This longevity shows in the outcomes. Across our history, FISCAL’s software has prevented more than £300 million in risk — duplicate payments, fraud, supplier errors. Each one creates cash leakage, eroding working capital before anyone notices.
With FISCAL Technologies, NHS Wales Shared Services Partnership has prevented around £25 million of duplicate payments since 2016. Specsavers saw £11 million in overpayments prevented. Today the platform protects more than £340 billion of customer spend every year.
“Two trillion pounds is a number I’m enormously proud of, but the figure I care most about is the money that never leaked away. That comes down to two things: a team that cares about getting it right, and customers who trusted us to protect their spend. We’re nowhere near finished,” said David Griffiths, CEO of FISCAL Technologies.
The milestone follows the recent release of FISCAL’s AI connectivity, which lets finance teams reach their P2P risk data through the AI tools they already use.
FISCAL’s P2P risk management software is available now to enterprise and public sector organisations.
