FISCAL Technologies joins the London Stock Exchange Issuer Services Marketplace
21st June 2022
FISCAL Technologies, the leading provider of supplier risk intelligence solutions, has today joined the digital hub for London Stock Exchange Issuers, responsible for supporting the UK Plc community.
London Stock Exchange issuers utilise the platform to access a wide range of solutions and data dedicated to supporting them and their investors, and in 2021 alone LSE welcomed 126 newly listed companies, raising around $50bn
FISCAL’s NXG Forensics software delivers transparency and accountability into AP performance and sources misplaced cash. Users have the ability to save money and operate more effectively through the identification of a range of risks, and typically see a 60% reduction in the value of supplier-related risks over the first three years of use. Recent enhancements to the platform have incorporated continuous supplier monitoring for Sanctioned suppliers (both directly and indirectly owned) where businesses face fines up to £1m, and to identify potential adverse media and ESG-related supplier issues.
David Thorley, Customer Development Director at Fiscal technologies, said “We are proud to be bringing our market-leading spend protection to the London Stock Exchange Issuer members – Since 2003 we have processed over a billion transactions and protected over £5 trillion in spend – we look forward to delivering our platform benefits to an even wider audience.”
With over 18 years of experience and hundreds of public sector and corporate customers, FISCAL’s solution has been designed for large corporate businesses and public sector organisations. Contact us for a demonstration and a personalised estimate of the savings you can make.
About FISCAL Technologies
FISCAL Technologies is the leading provider of supplier risk intelligence solutions that empower progressive finance teams across the globe to protect organisational spend. Our award-winning software and services use forensics and AI to provide a unique view of supplier risk. We continuously protect working capital and increase profitability, while defending against reputational and financial risks and maintaining regulatory compliance. Since 2003, FISCAL has processed over 1 billion transactions with a value of over £5 trillion in spend and is relied on by leading private and public sector organisations.