Agreement ensures risk and fraud reduction across document capture and payment processing.
ITESOFT, European leader in digital transformation and business process automation software, has extended its commercial partnership with world-leading provider of accounts payable forensic software FISCAL Technologies to protect customers throughout the capture and payment process.
FISCAL’s AP Forensics suite will complement ITESOFT by providing additional security and forensically checking accounts payable transactions. It will work in conjunction with the ITESOFT solution to continuously identify high risk transactions and suppliers, acting to protect overall spend for organisations.
Colin Rigby, Head of Strategic Alliances and Channel at FISCAL, said:” This partnership is significant for FISCAL Technologies, its customers, and all those involved in purchase-to-pay. Our market-leading forensic software, together with ITESOFT secure digitalisation of business processes, deliver reduced risk of payment errors and fraud, help protect working capital, promote best practice, and drive process improvements in the UK Enterprise and public sector markets. We look forward to strengthening our partnership further with this new agreement.
Nick Dunnett, UK Managing Director of ITESOFT said: “Over the last two years we have had a constructive partnership with FISCAL Technologies and our new agreement further cements our relationship and enhances our commercial partnership. ITESOFT ambition is to become the European reference for secure omni-capture digital solutions. We heavily invest in innovative technology to aid identification of risk and fraud at the invoice capture stage, and our partnership with FISCAL Technologies will enable us to provide complete protection from risk and fraud straight through the capture and payment process.
About FISCAL Technologies:
FISCAL Technologies is the leading provider of forensic solutions that empower purchase-to-pay teams across the globe to protect organisational spend.
Incorporating unique technology to reduce risk in the supply chain, FISCAL solutions are used on a continuous, preventative basis to protect supplier spend, defend against fraud, increase profitability and drive process improvement.
Since 2003, FISCAL has safeguarded hundreds of millions of payments and is now relied on by over 250 leading organisations.
For more information, please visit www.fiscaltec.co.uk.