Skip to Navigation Skip to Content

Fiscal Sectors - All Industries

Protection from unnecessary financial loss is key to your success

The need to reduce costs and find efficiency gains in financial operations is increasing within all organizations - finance teams are under pressure to reduce operating costs and simultaneously reduce incorrect payments and fraud.

“Modifying controls and deploying effective risk management in order to mitigate today’s and tomorrow’s risks and create maximum value has never been more urgent.”
- ECIIA Risk in Focus 2019

Factors such as high staff turnover – leading to the loss of experienced finance personnel and dual roles for those that remain, reducing budgets and new financial systems significantly increase the risk of errors and fraud occurring when processing supplier invoices.

“The use of proactive data monitoring and analysis correlates with 52% lower fraud losses and 58% faster resolution, yet only 37% of organizations implement these controls.”
-
ACFE Report to the Nations 2018

Drivers that increase risk and fraud in finance departments include;

  • Reducing budgets and headcount
  • Adopting new technologies to be more efficient
  • Increasing automation and lack of human oversight
  • Consolidation of finance functions and the rise of shared services
  • Changes to supply chains

FISCAL solutions use forensics and artificial intelligence to check every transaction with a battery of tests that identify possible errors, compliance issues or fraud. Armed with this insight, public and private sector organizations can protect their supply chain, safeguard working capital and reputations, drive cost efficiencies and protect margins. 

Our customers include

Burberry

Baptist Health South Florida

University of Richmond

Fruit of the Loom

"Our experience with NXG Forensics has been excellent and I am confident that the protection from fraud and risk provided by NXG Forensics is the highest we can achieve."
Acme Ltd

Over 15 years FISCAL has built up an in-depth understanding and appreciation of the needs businesses in all sectors have to protect their organizational spend.

We have over 250 customers, operating in all industry sectors, using all ERP systems, and in the US, Europe and the UK.

To find out how you too can benefit, contact FISCAL Technologies here to discuss a no-cost, no-risk demonstration of the protection enjoyed by over 250 organizations.

Explore our solutions

Want to learn more?
Visit our Resource Centre

Find useful information that provides
genuine insight about our solutions.

Visit Resource Centre

Case Study:
PSC Metals LLC

A positive return on investment within 5 days.

Download Case Study

Case Study:
Fruit of the Loom 

Achieved ROI within the first several months of using AP Forensics.

Download Case Study

 

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