A/P Watchdog™

Protects A/P payments from Fraud and errors!

This SaaS provides REAL TIME alerts regarding any data irregularity, inconsistency or process breach. The A/P Watchdog™ resides in a secured cloud. Whenever an abnormal data is entered into ERP system, the A/P Watchdog™ service provides an instant alert. This instant alert enables a proactive prevention of Fraud or errors, thus preventing immediate losses and reactive expenses for auditing and fixing historical problems.

Key Benefits
  1. Real-time alerts that notify of issues such as:
    • Over payments
    • Over shipments
    • Duplicate invoices (even with different invoice #)
    • Ghost shipment, invoice and payment
    • Other
  2. It  proactively prevents fraudulent  activities, embezzles or errors
  3. Keeps the payment system in order, without unknown abnormalities
  4. Continuously supports the company’s Bottom Line
Guaranteed!
  • No False alarms
  • No Hardware
  • Instant assimilation
  • Non Invasive
  • No data risks.

How does it Work?

By subscribing to Watchdog service you will receive the ability to simply send the predefined real time data to our secure server. Data is sending by simple form of XML messages. Each message is correlated to a specific supplier deal (holistic transaction) and it is verified against other messages that belong to the same deal. Verification is done based on a pre-defined and customizable rules. When A/P Watchdog™ locates irregularities in your Accounts Payable data, it provides an immediate notification alert. In addition to the real-time alerts, the solutions include  Dashboards that enable full visibility on operational risks (money risk per exception type; number of exception fixed and handled etc). 
Access to Alert Resolution Manager (ARM) allows for a quick access to the root cause of any exception.