FISCAL Technologies

Tomorrow we're attending the PPN Future of Finance Lectures! Ian Bamber, VP of Customer Solutions at FISCAL Technologies, will be speaking alongside Somerset Council’s Steve Rose, on how to transform finance during large-scale change at 12:40 until 13:10. They’ll cover: - The challenges of consolidating financial systems. - Delivering a complex transformation project in a short period. - How agile thinking and a solutions-focused approach enabled success. - The impact on customer service, compliance, and cost efficiency. See you at the Soho Hotel, London! Learn more about the event: https://lnkd.in/e3u4ve3W Purchase to Pay Network

Happy Halloween! We're polishing off this week with a good one - daunting duplicate payments. 🧟 The most frightening part about duplicate payments is the amount of time and effort it takes to recover the payment, right? So why not remove that part of the process by proactively preventing duplicates? Our solutions make it easy to constantly monitor all your transaction. We meticulously compare them all for risks including similar supplier names or identical invoice details - key indicators of a duplication. Would you like to know more? Visit our website: https://lnkd.in/e8pBJ7GY #DuplicatePayments #Halloween

Coming soon (if it slips past your controls): Fraud 😨 Horrible, right? The thought that someone from the outside could fool your team, or worse, that someone you trust is stealing from the organisation. And with the 'Failure to Prevent Fraud' in effect, it's vital to be prepared with iron-clad controls. We think the best way to do this is with continuous monitoring. Reviewing fraud indicators every day gives your team the best chance to catch the threat before harm can be done. Our solution gives your team the tools to review transaction abnormalities, dormant suppliers and duplicates before payments are made, lessening the risk. Want to strengthen your compliance and fraud controls? Read on: https://lnkd.in/ei8c4Hd9 #FraudPrevention #Fraud #Halloween

Now showing: Revenge of the suppliers 🎥🍿 Let your team be the heroes and cleanse suppliers before they come back to bite you (or whatever mummies do). The figures are, frankly, scary to look at: On average, 5% of revenue is lost to fraud, and duplicate payments make up 1% of your spend. It might not seem like much on the page, but in reality these amounts add up, especially if you belong to a large organisation. Proactive supplier cleansing coupled with automated duplicate and dormant supplier detection can seriously improve those figures. Daily supplier file checks flag risks early, allowing your team to rectify issues sooner, before too much harm is done. Want to learn how? Visit our website: https://lnkd.in/esi3vR6Q #Halloween #SupplierCleansing #P2PRisk

Movie monsters are nothing 🐉🎃 We know what truly terrifies finance teams - the audit! Have no fear - FISCAL are here to help. Our AI-led software is designed to help you clean up your transactions and suppliers, and reconcile your supplier statements in seconds. It's a proactive step to take so that when audit-time comes, you're not worrying about what's still left to tidy up. You're prepared, with full peace of mind. Want to learn more? Visit our website: https://lnkd.in/ehBVuAjz #APAudit #ProcureToPay #Finance

We're so excited to be attending the PPN Future of Finance Lectures on the 4th November at the Soho Hotel, London. Ian Bamber, VP of Customer Solutions at FISCAL Technologies, will be speaking alongside Somerset Council’s Steve Rose, on how to transform finance during large-scale change. They’ll cover: - The challenges of consolidating financial systems. - Delivering a complex transformation project in a short period. - How agile thinking and a solutions-focused approach enabled success. - The impact on customer service, compliance, and cost efficiency. Don't miss them! The lecture will run from 12:40 until 13:10. Learn more about the event: https://lnkd.in/eCeisPdf Purchase to Pay Network

Our AI is an intelligent tool that your AP team can utilise to find risks fast and protect your spend. 🤖 It's designed to empower Accounts Payable, leading to time and cost savings, higher visibility and smoother processes. It's great at finding finance risks - that's exactly what it was built for. It detects: ✔️ Inconsistent invoice numbers. ✔️ Dodgy dates . ✔️ Peculiar prices. ✔️ Duplicate invoices. The list goes on... Thinking about how you could use AI for a more effective AP process? Find our what FISCAL can do for you: https://lnkd.in/eAeqgbSH #AI #Finance #AccountsPayable

Are you attending the SSF UK FutureVision: Innovate Regenerate Annual Conference in November? Why not visit the FISCAL stand and learn how we can help you manage finance risks more effectively? We've got plenty of experience with shared services, making payables simpler even with the complexities of multiple locations, divisions, or organisations to work with. Learn more about the event: https://lnkd.in/e6gB4ref #SSForumUK25 #SharedServices Shared Services Forum UK Limited

As organisations create contingencies for a complex geopolitical climate, and add new suppliers to their file as they expand, managing the file becomes far more difficult. 🗃️ Often, this is completed by the AP team on an ad hoc basis, where the duplicate or incorrect detail is fixed as it is found. But is there an easier, faster way? We believe so. In our latest blog, we explain how teams like yours can tackle monitoring and cleansing the file with ease. 🌟 Read it here: https://lnkd.in/eunYi-nf #SupplierMonitoring #SupplierCleansing