FISCAL Technologies cloud-based forensic financial solution, NXG Forensics®, empowers Purchase-2-Pay and Shared Service teams to reduce supplier payment error and costs during the P2P process. Designed specifically for Finance, FISCAL Technologies solutions and services have processed over 1 billion transactions and protected £5 trillion in organisational spend.
NXG Forensics is Cloud Based, secure and scalable. Implementation, training and support is all delivered remotely, without the need for lengthy projects on-site implementation. Data from any ERP system is imported and processed automatically, presenting your remote AP team with alerts to risk by priority and giving them the ability to approve payments or hold for further analysis.
NXG Forensics is used on a continuous preventative basis to monitor 100% supplier transactions prior to payment, identifying anomalies, defending against fraud, increasing profitability and driving process improvement. Connecting to any ERP system, it delivers detailed analysis of payment transaction to greater depth and consistency than ERP analysis alone. The solution uses industry recognised logic, financial analytics and our unique complex algorithms, created and tested using AI, to identify a greater range of risks with exceptional accuracy and clarity.
- AP Best Practice
- AP Process
- Transactional Intelligence
- Process Improvement
- Actionable intelligence
- Supplier File Analysis