Detect potential fraud with forensic examination of suppliers and transactions
Monitor every supplier, every day for appearance on sanction lists
Monitor every supplier, every day for ESG-related adverse media
Identify slow and inefficient processes and devise process improvements
Our team use NXG Forensics to recover historical overpayments
Forensic analysis of invoices detects duplicate invoices and other anomalies
Recover past overpayments and prevent unnecessary payments in the future
Improve ledger accuracy and recover overpayments, credit notes and rebates
Monitor every supplier, every day for low credit rating
Action-oriented insights identify issues and guide you through resolution
We’d love to learn about your operational risk and compliance needs.
The Purchase to Pay Network (PPN) is a community network of over 15,000 finance, procurement, shared services and supply chain professionals across multiple industries. They have just released the annual PPN survey, which includes some interesting insights into P2P today. One overarching theme ran throughout that got us thinking: Automation.
On the 10th October, our valued customers are joining us at our annual conference, EMPOWER 2023, to learn key Procure-to-Pay strategies.
Supplier relationships are an integral part of your business functionality.
Supplier statement reconciliation is something we all need to do, but it’s a difficult, thankless task. Our September webinar, Statement Reconciliation and It’s Strategic Significance For Your Bottom Line, explains its importance and how to optimise the process.
NHS Finance Professionals! Are you visiting NEP Annual Conference this year? A team of FISCAL experts will be attending and are excited to meet you.
Supplier statement reconciliation is one of the last things you want to spend your day on.
Statement reconciliation every month for every supplier sounds impossible, doesn’t it? Not to us!
The results from PPN’s 2023 survey are in! Our webinar will discuss the results.
Statement reconciliation is tedious at the best of times, and if you’re rushing or are simply bored to tears by the dull workload, it’s easy to miss a small detail. A digit out of place there, a line missed here.
ERP transformation and implementation can be a formidable task. Our August webinar, Need-to-Know Advice to Manage a Successful ERP Transformation Project, gives advice on how to manage one.
Supplier statement reconciliation. It’s the art of manually comparing your records to a supplier’s statement and either ensuring they match or discovering discrepancies to follow up later.
Statement reconciliation is extremely important for many reasons, but first, it’s designed to keep your ledgers accurate while highlighting potential issues or opportunity to recover cash through overpayments or unclaimed credits.
All good AP and P2P managers know that the key to ensuring your risks are mitigated is to have an effective strategy in place, from start to finish. So what does that looks like?
This blog will outline the Procure-to-pay risk management best practices, to help you ensure robust risk mitigation.
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..
PO BOX 99551
Raleigh
NC 27624
US Inquiries
Phone: 1-888-999-6505
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