Skip to Navigation Skip to Content

Supplier Risk Profiling

SUPPLIER RISK AND MAINTENANCE PROFILING

"Savvy AP departments closely manage their supplier files to weed out duplicate suppliers, inactive suppliers, incorrect addresses, and other common problems that can lead to fraud, duplicate payments and other payment errors.” – Institute of Financial Management

The importance of supplier maintenance remains a critical component of an organisation’s risk management programme. Errors within the master supplier file continue to proliferate. Current finance processes and staffing levels cannot protect against all of them and typically ERP or accounting packages will only carry out simple checks which need to be reinforced.

AP Forensics® intelligently analyses your master supplier file, allowing you to efficiently scrub your data looking for a wide range of issues or errors. It scrutinises the master supplier file across various levels of risk ensuring only real issues are highlighted.

The benefits of AP Forensics:

  • Saves procure-to-pay (P2P) time by identifying incorrect suppliers
  • Cuts duplicate payments by detecting incorrect or fraudulent suppliers
  • Supports compliance ensuring only the correct data is used
  • Increases efficiency by safeguarding master data integrity
  • Identifies supplier risk by helping spot data entry anomalies
  • Reduces fraud by cross-checking supplier and employee data

FISCAL P2P Transactional RiskP2P TRANSACTIONAL RISK
Identify areas of risk and fraud within supplier spend and transactions

FISCAL Suppliers SUPPLIER RISK PROFILING
Discover supplier risk through continuous profiling

FISCAL FraudANTI-FRAUD CONTROLS
Automated testing to identify fraudulent transactions and suppliers

FISCAL ReportsREPORTING AND DASHBOARDS
Unlocking actionable insights to drive process improvement

Discover how we can make it simple

 

Please complete the fields below to request a Brochure.

Please tick the box if you would like to receive email updates from FISCAL Technologies. You will be able to unsubscribe at any time.

* Denotes a mandatory field

We take your privacy seriously.
Please refer to our Privacy & Data Protection Policy for further Information.

 

 

Please complete the fields below to request a Finance Risk Review.

Please tick the box if you would like to receive email updates from FISCAL Technologies. You will be able to unsubscribe at any time.

* Denotes a mandatory field

We take your privacy seriously.
Please refer to our Privacy & Data Protection Policy for further Information.

 

This website uses cookies. By continuing to use the site you are agreeing to our use of cookies.

Return to the Top of the Page