PROTECT ORGANIZATIONAL SPEND WITH ACCOUNTS PAYABLE FORENSICS
Today’s Shared Service Centres, AP and P2P departments are deluged with new ways in which invoice information is received. Payment processing time is accelerating, costs, fraud and compliance are under tighter scrutiny, and headcounts are declining. On top of this, the Finance department is expected to become a profit centre and to drive business outcomes rather than just report on them.
Now, more than ever, extra controls are required to protect organizational spend.
Designed specifically for Shared Service Centers, AP and P2P teams, NXG Forensics® sits in the cloud, securely and easily connecting with any ERP system to make complex risk analysis understandable and easy to act upon, protecting an organization's spend from payment risks, fraud and compliance issues.
With advanced algorithms, artificial intelligence and machine learning designed to analyze the entire procure-to-pay cycle, NXG Forensics offers a variety of lenses with which to view and understand an organization’s exposure to financial risk, providing immediate benefits and business processes improvement for long-term benefit.
There are 9 core benefits to NXG Forensics:
REDUCED FRAUD AND RISKS
WORKING CAPITAL PROTECTION
BEST IN CLASS P2P TEAMS
MASTER FILE MAINTENANCE
ERP MIGRATION SUPPORT