Expense analysis in hours, not weeks
Financial controls are the embodiment of an organization’s financial integrity. Financial control systems are designed to be setup and run without frequent review; ensuring separation of duties, standardized payment terms and high efficiency accounts payable operations.
In reality however there are complex challenges that CFOs face. Data spread over multiple ERP systems, resource constraints, and competing time priorities all present challenges while even the most robust financial control systems need to be overridden to manage unique processing exceptions from time to time.
Vigilant AI leverages cutting edge technology solutions powered by machine learning and traditional review methodologies to:
• Identify and reclaim duplicate payments made to vendors
• Review vendor payments that are outside normal payment terms
• Pinpoint payment process efficiencies to save time and money
• Streamlined analysis with advanced technology and automation, enabling far faster results with less resources
Rapid and robust technology
Our solutions are designed to run periodic expenditure analysis reviews to ensure their control systems are delivering on their goals. Scrutinizing the expenses for errors and irregularities we help you ensure that both vendors and internal staff and vendors are operating with the highest integrity and efficiency – protecting the reputation of your organization.
Vigilant AI expense analysis is powered by over 250 tests that leverage the latest machine learning techniques and traditional analytic reviews. This analysis interrogates your organization’s accounts payable data to help identify areas of control failures, and provides an actionable report on how to remediate those issues.