Transaction risk intelligence
Automated supplier statement reconciliation
Supplier risk intelligence
Managed AP recovery audit
Supplier file performance review
Consulting and bespoke reporting
Professional Services to support Accounts Payable and Procure to Pay
Rely on FISCAL as your trusted partner for expert support, helping you manage finance risks, recover overspend and streamline processes.
Finance teams are under pressure to do more with less.
As a result, you struggle to prioritise risks, instead focusing on business-critical tasks. In this situation duplicate payments, fraud and compliance breaches commonly go unnoticed, and recovery opportunities are missed, leading to lost value and inefficiency.
FISCAL offers proactive services to help you manage risk, recover value, and optimise processes. Our experts support you throughout, operating as part of your team and taking special care to work with your existing processes.
Each service is supported by forensic data analysis and insights in our software to ensure risks are identified, addressed, and mitigated effectively.
Plan, implement and achieve your business outcomes with our expert services.
Value recovery and significant ROI.
Reduce costs, improve efficiency and negate risk.
Actionable insights from bespoke reports.
Manage risks without impacting daily business.
Our services:
Accounts Payable Recovery Audit
A focused review and recovery of overpayments and lost value. Our dedicated consultant fully manages the recovery audit process for you, investigating overpayments quickly and liaising with suppliers. You’ll maximise working capital, proactively manage risks without impacting daily business, and gain actionable insights for process efficiency improvements.
Statement Reconciliation Service
For accounts payable teams with less time, we offer targeted statement matching to identify discrepancies between your accounts and supplier statements. Improve your ledger accuracy, gain more control over transactions, and recover overpayments, missed credit notes and rebates.
Supplier File Performance Review
A poorly managed supplier file creates a breeding ground for fraud and payment errors, and those issues tend to get worse over time. Our consultants provide forensic analysis of the master supplier file, identifying dormant accounts, duplicate supplier records and validations to cleanse your data. This service comes complete with recommendations for future MSF management.
Forensic Risk Analysis
A comprehensive analysis of transactions, suppliers and statements with full risk and value report. Ideal during times of change including ERP migration, acquisitions or system upgrades, when you need more resource to manage risks. We analyse your AP data and processes to identify and verify duplicate payments, overpayments, and potential fraud. Cleanse your data and deliver your projects with peace of mind.
Proof of Value
Want to realise immediate cost-saving opportunities, have greater risk visibility, and see how our software will help you?
Try our free proof of value: our experts perform a rapid, independent analysis and you’ll get an overview of your highest risk transactions to evaluate and action.
Bespoke Consulting and Reporting
Each finance team has a unique set of requirements, so we offer additional tailored project work including training, consultancy, and reporting. Our consultants offer bespoke reports and insights to fine-tune your financial processes and ensure maximum value from our software and services.
P-Card Spend Analysis
Purchase cards often run the risk of duplicate payments, fraud and compliance issues, and needs thorough controls. FISCAL provides comparison of purchase card transactions with your AP ledger, and reviews the purchase card stream to pinpoint areas of concern, including compliance issues, potential fraud and duplicate payments.
Bespoke Consulting and Reporting
Each finance team has a unique set of requirements, so we offer additional tailored project work including training, consultancy, and reporting. Our consultants offer bespoke reports and insights to fine-tune your financial processes and ensure maximum value from our software and services.
Testimonials:
Guy's and St, Thomas' NHS Trust: Case Study
This NHS Trust achieved over 1000% ROI by preventing duplicate payments and improving their payables processes with help from FISCAL. Find out how.
Accounts Payable Services Factsheet - FISCAL Services
Discover how our expert support can help you to manage risks, recover overspend, and improve processes.
3 Steps to Recovery Audit Wins and Long Term Protection of Capital – CPD Accredited
We know finance teams need strong controls around their working capital. This webinar explores all avenues of your next recovery audit.
Statement Reconciliation and its strategic significance for your bottom line: CPD webinar
This webinar focuses on understanding statement reconciliation and will teach you how the process can be best optimised to create maximum value for your team.
Want to know more about FISCAL Technologies?
We’d love to show you our solutions in action!