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Introducing NXG Forensics


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.

FISCAL TransactionsP2P TRANSACTIONAL RISK
Identify areas of risk and fraud within vendor spend and transactions

FISCAL Suppliers VENDOR RISK PROFILING
Discover vendor risk through continuous profiling

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

FISCAL ReportsREPORTING AND DASHBOARDS
Unlocking actionable insights to drive process improvement

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.

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Introducng NXG Forensics

There are 9 core benefits to NXG Forensics:

reduced fraud and risks iconREDUCED FRAUD AND RISKS

working capital iconWORKING CAPITAL PROTECTION

reputational assurance iconREPUTATIONAL ASSURANCE

process improvement iconPROCESS IMPROVEMENT

strengthened compliance iconSTRENGTHENED COMPLIANCE

cost reductionCOST REDUCTION

best in class iconBEST IN CLASS P2P TEAMS

masterfile maintenance iconMASTER FILE MAINTENANCE

ERP iconERP MIGRATION SUPPORT

 

Watch a 90 Second Introduction to NXG Forensics

 

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Discover how we can make it simple

 

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