FISCAL TECHNOLOGIES ANNOUNCES PARTNERSHIP EXTENSION WITH ITESOFT
Press Release | 25th September 2018 by Anita Matthews
Reading, UK — 25 September 2018: FISCAL Technologies, a world leading provider of forensic financial solutions and services, today announced it has extended its commercial partnership with digital document capture and processing technology vendor ITESOFT, to transform risk management and process efficiencies in the finance function. With risk management and fraud prevention and detection something that organisations simply cannot afford to ignore, the two companies will pool their expertise to provide streamlined forensic accounting and digitalisation solutions, that maximise the efficiency of the accounts payable and finance process.
Many senior finance professionals across the globe face a real challenge in maintaining visibility and control over their financial operations. The modern P2P environment is complex and without high levels of visibility, organisations can become vulnerable to high risk exceptions, poor supplier management and fraud.
The FISCAL Technologies and ITESOFT partnership will enable customers across both organisations to automate financial processes, reduce risk and limit fraud. It will provide real-time insight and information and thus enable them to enhance controls, strengthen compliance and protect working capital.
Colin Rigby, Head of Strategic Alliances and Channel at FISCAL, said: ”We have been working with ITESOFT for over 3 years. This relationship enables us to continue to build on our previous commercial success and demonstrates the proven value in combining our market-leading forensic software with ITESOFT’s secure digitalisation and process automation solutions. This valuable partnership ensures we help protect working capital, promote financial best practice, and drive process improvements in European Enterprise and public-sector markets.”
Nick Dunnett, UK Managing Director of ITESOFT, added, “This new agreement reinforces our commitment to working with the best-in-class providers to deliver the very best in financial process automation. Our relationship with FISCAL Technologies enables us to provide complete protection from risk and fraud through the entire capture and payment process.”
For more information please visit www.fiscaltec.com
About FISCAL Technologies
FISCAL Technologies is a world leading provider of forensic solutions and services that empower purchase-to-pay teams across the globe to protect organisational spend.
Incorporating unique technology to reduce risk in the supply chain, FISCAL Technologies’ award winning cloud-based risk management platform is used on a continuous, preventative basis to protect supplier spend, defend against fraud, increase profitability and drive process improvement.
Since 2003, FISCAL has safeguarded hundreds of millions of transactions and is now relied on by over 250 leading private and public sector organisations. For further information visit www.fiscaltec.com
+44 (0)845 680 1905
ITESOFT is a market leading software vendor specialising in the digitalisation and automation of financial processes.
Their SCPA (Secure Capture and Process Automation) platform supports their clients in the digital transformation of back office functions by leveraging the latest in RPA, AI, Analytics and ICR.
SCPA is developed on three main pillars: omni-channel capture, process automation and fraud detection. Combined, these pillars offer a unique competitive solution.
ITESOFT was founded in 1984 and has been listed on the Euronext Paris market since February 2001. ITESOFT has more than 650 clients across 35 countries, with offices in France, UK, Germany and USA. For further information visit www.itesoft.co.uk
+44 (0)1252 741 500
Tags: Accounting Forensic Software