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Launching

Supplier Risk Management

for Public Sector customers

SRI for Public Sector Customers, evolves to support and empower accounts payable and procurement teams to continuously find and prevent supplier related risks.

Every Invoice. Every Supplier. Every Day.

Launching

Supplier Risk Management

for Public Sector customers

SRI for Public Sector Customers, evolves to support and empower accounts payable and procurement teams to continuously find and prevent supplier related risks.

Every Invoice. Every Supplier. Every Day.

The Launch of Supplier Risk Intelligence

Are you and your team concerned about the ever-increasing risk and treats relating to fraud and current high-profile announcements relating to sanctions?

NXG Forensics is used by over 30 Advanced Public Sector customers, Business resilience is more important than ever. Accounts Payable, Procure-to-Pay and Shared Service teams are expected to do everything possible to prevent risks that would damage the organisation.

In the current climate doing more with less feels like a constant pressure, but there are solutions designed to accelerate you capabilities to do exactly that.

NXG Forensics® protects against supplier risk by enabling:

  • Continuous analysis and cleansing of your Master Supplier File
  • All Suppliers and all their invoices to be forensically checked, every day
  • Employees to be cross-checked with suppliers – identify potential collision risks
  • Invoices and suppliers correlated to surface more meaningful insight into risks
  • Identification of lengthy processing times and process improvements opportunities

As part of the Advanced True Partner programme, our relationship with Advanced is not new, however our platform has evolved to provide further enhancements to support UK Public Sector customers.

NXG Forensics is built from the ground up and designed specifically for finance professionals. It uses artificial intelligence (AI) to automatically adapt tests and logic to find your organisation’s specific risks. Utilising advanced forensics and machine learning, NXG Forensics works in parallel with your Advanced Financial Management solution and can be integrated into MyWorkplace via an API connector.

Interested to learn more about Sanctions?

NXG is self-funding, typically paying for itself with the first 3 months of use, empowering finance teams to generate additional value and drive process improvements to become best-in-class.

Watch the short explainer video below.. 

Supplier Risk Intelligence®

Play Video

Supplier Risk Intelligence® is FISCAL’s unique combination of cloud-based software, services and AI-powered forensic risk detection. We continuously analyse accounts payable and supplier data, and incorporate 3rd party risk data sources to extend risk protection to the max!

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EMEA Headquarters.
FISCAL Technologies Ltd
448 Basingstoke Road
Reading, RG2 0LP
UK

EMEA Enquiries
Phone: +44 (0) 845 680 1905

North America Headquarters
FISCAL Technologies, Inc.
One Copley Parkway, Suite #100
Morrisville, NC 27560
US

US Inquiries
Phone: 1-888-999-6505

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