Group 53

FISCAL Resources

Your trusted advisor for all things Accounts Payable.

Filter by Type

The Top Finance Priorities for the Second Half of 2023

Join us where we discuss the results of the recent Hackett survey on Finance Priorities for 2023. Our panel includes a CFO and a Chief Product Officer, who will share their insights and perspectives on the most important priorities for the year ahead.

Videos

Fraud: The Threat From Within

Robert Brooker, Head of Fraud and Forensics, PKF and David Griffiths, CEO, FISCAL Technologies discuss what leads an employee to commit fraud, what the current insider threats and trends are, and what the future holds and why. They also consider who is responsible, the employer or the employee.

Videos

The Delivery and Management of Software Solutions within AP

Garry Stevens, Trainer and Coach for the Institute of Financial Operations and Leadership (IFOL) will discuss good practices and key capabilities for scaling invoice and AP functions. He will also look at how AP solutions can deliver fraud detection, a greater accuracy of processing and reduce the need for human intervention.

Videos

7 Ways to Drive Resilience in Your Finance Team

We often hear about the need for resilience in business, but what does it mean from a finance perspective? This webinar gives finance decision-makers 7 keyways they can drive resilience into their teams during the unprecedented challenges faced by businesses amid the current volatile market conditions.

Videos

3 Steps to Recovery Audit Wins and Long Term Protection of Capital

In these days of stringent cost-savings and added financial risk, it is important that finance teams have strong controls around their working-capital, including the detection and recovery of overpayments, boosting their bottom line. During this webinar, we will take you on a simple journey which explores all avenues of your next recovery audit.

Videos

A New Era: How to Automate your Statement Reconciliation

Reducing the time taken to reconcile statements unlocks a significant amount of time for your AP team to use elsewhere. It can also uncover credit notes, rebates, and any overpayments previously made as well as improve financial reporting and compliance. This demo gives you a sneak preview of our new module which can: • Save you time • Add cash to your bottom line • Improve supplier relationships

Videos

Know your Supplier (KYS) – The New Normal for Procure-to-Pay Risk Protection

Join Kobi Freedman at Findings and David Griffiths at FISCAL Technologies as they discuss the best approach for assessing and managing risks in your supplier base, why this must become part of your risk and compliance management programme, and how to benefit from the advanced risk detection tools available.

Videos

The Legacy of Covid-19 in Accounts Payable

Covid-19 caused AP teams to rapidly move to remote working, and for many, paying suppliers quickly via purchasing cards (P-Cards). With no time to put appropriate controls in place around P-Card spend, many duplicate and incorrect payments were made. For most organisations, these remain undetected. This webinar explores the legacy of P-Card and invoice spend errors and duplication and how to detect this and put preventative controls in place.

Videos

Continuous ESG Monitoring

Without daily checking of your Master Supplier File (MSF) against global ESG risk sources, you risk purchasing from a supplier that could damage your reputation or interrupt your supply chain. With legislation on the horizon and increasing prioritisation of ESG compliance with customers and investors, continuous ESG monitoring has become essential for public and private sector organisations.

Case Studies

SpecSavers

The Specsavers Finance Shared Services Division supports over 2,000 stores in the UK, Ireland and the Netherlands. The AP team processes more than 100,000 invoices each month using one ERP system, Open Accounts V8, across multi-organisational entities. NXG Forensics gives Specsavers instant £12.5 million ROI and slicker processes.

Case Studies

Protecting Financial Operations In Housing

Leading housing providers, construction, and property management companies are adopting these practices to change their approach to fraud and error prevention from reactive to proactive. Doing so allows them to introduce effective, long-term risk management while reducing costs and being seen as value creators.

E-Book / Brochures

University of Portsmouth

University of Portsmouth achieves ROI of over 500%, by recovering and preventing duplicate payments. As part of the University’s initiative to reduce risk within finance, FISCAL’s Forensic solution was implemented.

Case Studies

Protecting Financial Operations In Healthcare

Leading healthcare finance teams are adopting these practices to evolve their approach to fraud and error prevention from reactive to proactive. Doing so allows them to introduce effective, long-term risk management while reducing costs and being seen as value creators.

E-Book / Brochures

Coping with a Tsunami of Change

Tony Hagland, Senior Business Partner for Corporate & Capital Accounting, Blaenau Gwent Council, joined us to explore how the procure to pay cycle has been forced to evolve in the current environment as well as how Councils are updating their Financial strategies in light of the last 2 years and with the prospect of at least 2 more years of economic challenges and uncertainty.

Videos

Principles of Procurement Fraud Prevention

During this paper, Dave shares his expertise in fighting the new wave of fraud in practical terms, based on real-life insights gained from many years of in-field experience.

White Paper / Exec Briefing

Reduce Fraud to Cut Costs – CPD Accredited

In this webinar, Dave Verma, fraud investigator, covers the 5 principles of fraud prevention and steps that Finance and Procurement leaders should take, to move from reactive to proactive methods that reduce procurement fraud.

Videos

The Last Dance: Making sure your next Recovery Audit is the last one you ever perform!

This webinar demonstrates that, with the right tools, your organisation will be able to achieve assurance and visibility while protecting its working capital, regardless of future challenges that may arise.

Videos

Accelerated Forensic Analysis of Procure-to-Pay Processing

Join Brendan Burke, our Head of Education and Consultancy Services, to understand the process we go through, and what you can expect when we perform an Accelerated Forensic Analysis service.

Videos

LSE Supplier Risk Intelligence Brochure

PLCs are facing an unprecedented level of risk in their Procure-to-Pay (P2P) cycle. Automation and complexity in P2P processing have introduced new challenges, and the risks of fraud and non-compliance continue to rise.

E-Book / Brochures

Take the Statement Reconciliation Litmus Test

Our presenter, Alex Tabb, Services Consultant, shares her wealth of knowledge and insights into why this painstaking task is so important and how FISCAL can alleviate that pain to release locked-up cash and recover previous overpayments and credits on the account.

Videos

Between the Spreadsheets: The Dangers of Dirty Data

Join Susan Walsh, Founder and Managing Director of The Classification Guru. Susan is a data classification, coding, and cleansing specialist and will share her experience of common problems and how they can be avoided.

Videos

NEP Case Study

Northumbria Healthcare NHS Foundation Trust (Northumbria) is part of the North East Partnership (NEP), an NHS Consortium of approximately 30 NHS organisations. Learn how FISCAL Technologies helped NEP conquer challenges.

Case Studies

Increasing the functionality of the largest NHS Consortium while reducing its risk and cost

Our speaker, ​​​​​Tim Elliott, Deputy Associate Programme Director & General Manager, NEP has been at the forefront of transforming the largest NHS Consortium’s financial solutions framework.  A valued FISCAL Technologies client, this non-profit making Consortium provides NHS organisations with fully supported access to Oracle's latest business applications (E-Business Suite).

Videos

How Often Do you Brush your Teeth? – CPD Accredited

A poorly managed Master Supplier File is a breeding ground for fraud, payment and sanction issues resulting in high financial penalties. It can also cause real headaches if you are migrating to a new ERP any time soon.  Without a proactive intelligent approach, these issues typically worsen over time.

Videos

Legends of Financial Control: Paul Sutton

Join us to hear about Paul’s experience, gained from over 25 years of finance leadership in commercial and public sector organisations.

Videos

57 Ways to Increase Accounts Payable Success

This workbook is intended for leaders and managers of Accounts Payable (AP) and Procure-to-Pay teams, who are keen to improve their team’s performance. Think of it as a checklist of proven activities that are sure to increase AP success and will take only a short time to go through.

White Paper / Exec Briefing

Supplier risk management report

New research by Purchase to Pay Network (PPN) in partnership with FISCAL Technologies shows that despite recognition of increasing supplier-related risks in Accounts Payable and Procure to Pay processing, current controls are not sufficient – not providing the protection needed. The barriers to making improvements and the priority areas for improving supplier checks are identified, along with recommendations for implementing these.

White Paper / Exec Briefing

Legends of Financial Control: Sam Ryan

In this webinar, you will hear from Samantha Ryan, finance legend, who will discuss the financial controls she has implemented, and David Griffiths, CEO Fiscal Technologies, who will use the 5-pillars framework to draw-out Sam’s experience in these important areas.

Videos

Protecting Financial Operations in Retail

Deloitte’s 2022 Retail Industry Outlook warns of empty store shelves, over one million retail jobs unfilled, and surging inflation. Yet despite these headwinds, there are opportunities to embrace this turbulence, to drive changes for future growth: restructure supply chains, rightsize inventory management, review pricing and promotions, and reinvent stores for the digital age.

E-Book / Brochures

Continuous Sanction Monitoring

Sanction lists are updated every day, but only 9% of organisations* cleanse their Master Supplier File monthly or more frequently. One-off sanction checks during new supplier onboarding or infrequent checks do not provide adequate protection. Anything less than continuous sanction monitoring introduces a risk of non-compliant supplier purchasing, with severe consequences * According to research from Purchase to Pay Network 2022

Fact Sheets

Legends of Financial Control: Caroline Adams

Join Caroline Adams, former Senior Finance Manager, Debenhams, and David Griffiths as they look at the need for additional controls in P2P/AP and shared services and how these will reduce fraud, risk, and compliance issues, and drive protection, performance improvements, and cost savings.

Videos

Critical Compliance and Controls that every CFO needs to know about

Join FISCAL's Ray Welsh, Head of Product Marketing and James Wilson, Product Owner as they look at the need for compliance in supplier spending, including sanctions and ESG compliance as well as spend controls and fraud detection. This webinar also includes an exclusive solution demo.

Videos

Solution Overview Brochure

Unnecessary cash leakage is caused by weak or out of date controls in procure to pay processing. Risks from suppliers and in your transactions with them will always result in cash loss, costly invoice processing, and the risk of fraud.

E-Book / Brochures

Combatting Supplier and Staff Fraud Risk

For the finale of our ‘Perfect Storm of Risk’ series, we were again joined by Dave Verma, anti-fraud expert, and David Griffiths, FISCAL Technologies CEO, who looked at insider fraud in detail including the psychology of fraudsters.

Videos

Stopping the Wave of Advancing Fraud

Dave Verma, Counter Fraud Expert, discusses how good corporate wide management and systemic controls can ensure organisations can, with retrospective and proactive controls, protect their bottom line.

Videos

Fighting Fraud within Invoice-to-Pay

Join David Griffiths, CEO, FISCAL Technologies and Counter Fraud Expert, Dave Verma, for this unique opportunity to hear from two seasoned experts discussing the real risks being encountered today, and how you can develop an anti-fraud culture

Videos

A year in the life of NXG with Nish Makwana, Finance Manager, Specsavers Optical Superstores

Specsavers sought a solution to identify and prevent overpayments as well as visibility of all payments. Implementing NXG in 2020, Nish will discuss how our forensic solution has transformed AP helping to maximise cash and reduce risk.

Videos

The Perfect Storm of Fraud, Risk & Compliance is Approaching – 5 Steps to Get Prepared

Join David Griffiths, CEO, FISCAL Technologies and Counter Fraud Expert, Dave Verma, as they discuss 5 steps to get prepared for The Perfect Storm of Fraud. Dave shares real-life examples of fraudulent activity within organisations.

Videos

Guide to Controlling AP Costs

Join Ray Welsh, Head of Product Marketing, FISCAL Technologies as he considers how to reduce costs, overpayments, and fraud risks in your Procure-to-Pay cycle.

Videos

7 Procure-to-Pay Risks that Derail ERP Migrations

During this 30 minute webinar, Ray Welsh, Head of Product Marketing at FISCAL Technologies considers the steps you should take to protect your P2P cycle from risks before, during and after ERP migration projects.

 

Videos

A Guide to Controlling AP Costs

How to reduce costs and overpayments, compliance, and fraud risks in your Procure-to-Pay cycle.

White Paper / Exec Briefing

Finance Shared Services

Join Russell Ward, Head of AP and Enablement, NHS Wales and Frances Lawrence, Finance Director, FISCAL Technologies as they discuss how NHS Wales became an award-winning, remote working, profit centre within a very short timescale.

Videos

Trends in Finance for 2021

Ellen Leigh, Director at PPN and David Griffiths, CEO at FISCAL Technologies discuss the key challenges and opportunities facing finance in 2021 and how to measure your preparedness in these unique times. This will include projected changes in Finance staffing levels and operating budgets as well as the broader business trends, strategic enterprise priorities and their impact on the Finance agenda.

Videos

10 Priorities for CFOs and Finance Leaders in 2021

The rising role of finance in 2021

Protecting your organisation’s working capital is something you can do immediately with minimal cost and effort.  We’ve created this scorecard – aligned with the Hackett Group’s 2021 Finance Key Issues – as a helpful tool to inform and guide your 2021 priorities and planning.

Infographics

Protect Cash and Reduce Costs Before Payments Happen

Working behind the scenes with your existing ERP system, NXG Forensics works on a continuous, preventative basis to find duplicate payments and exceptions in your supplier and transaction data.
We see what your audit firm can’t.
If you enjoyed this resource, then why not click to discover 10 priorities for CFOs and Finance Leaders in 2021.

 

Infographics

Protect Cash and Reduce Costs in Shared Service Centres

Over the last 12 months, we have seen these two areas of risk increase in priority for every finance function.

During this on-demand webinar you will hear from an experienced shared services Senior Finance Manager about these risks, what additional controls they needed, and the benefits experienced once FISCAL’s solution was put in place.

Videos

Risk Review

Reveal the risks present in your supplier spending – No-cost, no-obligation

Today’s Procure-to-Pay function is going through an immense transition from a purely transactional role to a more strategic one.  On top of the ever increasing complexity and volume of transactions, the need to adhere to strict payment processing standards while also reducing headcount means that now, more than ever, it is essential to review your Accounts Payable transactions for fraud, risks and compliance breaches.

Guaranteed actionable insights to protect your organisation from unnecessary financial loss.

 

Fact Sheets

NXG Forensics

The next generation Procure-to-Pay (P2P) risk management solution

The time is right to adopt a new, continuous approach to P2P risk management.

NXG Forensics is forged from FISCAL’s 17 years of P2P protection expertise and our unique pattern matching technology.  We have added in a battery of industry-recognised tests and the latest Artificial Intelligence to deliver the highest level of risk protection available.

Fact Sheets

Transforming Operational Finance

An in-depth look at the 5 best practices for effective Procure-to-Pay (P2P) risk management

Given the unprecedented challenges finance faced in 2020, many leaders are struggling with how to orient their AP teams and resources in 2021.

E-Book / Brochures

NHS Wales

Learn how FISCAL Technologies helped NHS Wales Shared Services Partnership (NWSSP) conquer challenges in optimising their accounts payable department and practices.

Since commissioning the software in 2016, some £25 million of duplicate payments have been prevented.

Case Studies

What’s Next for Accounts Payable

This webinar considers the less-well-understood risks that lurk just below the surface, including the impact and knock-on effects of these.

Using real-world examples from our 17 years of experience, we will give you the tools needed to increase your risk protection from the first to second level.

Videos

Turning AP from Reactive to Proactive

Today’s finance leaders must juggle ever-increasing challenges and expectations.  The business expects them to support cost reductions across the enterprise, manage its working capital efficiently and protect the organisation from the growing risk of fraud, loss, and reputational damage.

This webinar considers how the perfect blend of technologies – including AI-powered analytics and process automation – help eliminate errors, waste and expense, and all while simultaneously maximising productivity, strategic intelligence, and value creation throughout the entire P2P B2B process.

 

Videos

How to Reach your Digital Nirvana

Accelerated automation in finance to achieve “business as usual” has become the norm in these days of uncertainty and adjustment.  However, the correct strategies must be in place so that costly errors are not made.

 

Supply chain management is imperative to ensure your organisation’s future stability and growth.  This fireside chat considers the importance of building the correct approach behind implementing the right EInvoicing solution.

Videos