FISCAL TECHNOLOGIES BREAKS £1M REVENUE BARRIER WITH ACCOUNT PAYABLES AUDIT SOLUTION FRAMEWORK (APAS)
Press Release | 12th March 2019 by Anita Matthews
FISCAL Technologies, a world leading provider of forensic financial solutions and services, today announced it has broken the £1m revenue barrier with their Account Payables Audit Solution (APAS) framework, facilitated through North Yorkshire County Council.
The framework enables UK government organisations including NHS, education and police authorities, to use the North Yorkshire County Council Framework to easily purchase FISCAL’s forensic solution, at the best price to help them protect supplier spend and combat fraud.
Colin Rigby, Head of Strategic Alliances and Channel at FISCAL Technologies comments, “we are delighted that through the APAS framework, many Local Authorities and NHS organisations have taken advantage of our single supplier framework to protect their organisation spend against risk. The framework enables them not only to have a world leading solution but also to benefit from the numerous advantages connected to the framework. We look forward to working with many more organisations in the coming months and encourage all public sector organisations to take advantage of FISCAL’s risk review offer and the ability to transact through our APAS framework.”
FISCAL already protects more than 100 public sector bodies throughout the UK from high-risk transactions, processing errors and potential fraud using powerful forensic analysis. These government organisations benefit from continuous preventative monitoring across all accounting systems and the software provides key evidence for driving continuous process improvement.
FISCAL has over 15 years of experience protecting organisational spend and combines a comprehensive range of industry-recognised tests with Machine Learning to deliver unparalleled risk protection. It is designed specifically for Finance, P2P, Shared Services and AP teams and sits securely in the cloud, to reduce payment risks, fraud and compliance issues.
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
Tags: Accounting Forensic Software Public sector